A small business can produce a maximum of 43 of its product per month and sell them for $7each. The variable costs are $2 per unit and fixed costs are $125 per month.e) Plot the revenue and cost functions.400-300200100Revenue/Cost($)5 10152025303540Quantity45

Answered: Image /qna-images/answer/000dd7ea-a0ca-4b85-90b4-d87e78ae422e.jpg

Answered: A small business can produce a maximum…

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter1: Equations, Inequalities, And Mathematical Modeling

Section1.7: Linear Inequalities In One Variable

Problem 6ECP

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Similar questions

The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170. The manufacturer also has fixed costs each month of $150,000. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The manufacturer also has fixed costs each month of $8,000. (a) Find the cost function C when x energy drinks aremanufactured. (b) Find the revenue function R when x drinks are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the breakeven point means.
Sales Barnes & Noble had annual sales of $6.8 billion in 2013 and $6.1 billion in 2015. Use the Midpoint Formula to estimate the sales in 2014. Assume that the annual sales followed a linear pattern.
The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.

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A small business can produce a maximum of 43 of its product per month and sell them for $7 each. The variable costs are $2 per unit and fixed costs are $125 per month. e) Plot the revenue and cost functions. 400 300 200 100- Revenue/Cost($) 5 10 15 20 25 30 35 40 Quantity 45