Answered: (a) Write down the associated cost…

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.1: Quadratic Functions

Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...

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Your college newspaper, The Collegiate Investigator, has fixed production costs of $74 per edition and marginal printing and distribution costs of 40¢ per copy. The Collegiate Investigator sells for 50¢ per copy.

(a)

Write down the associated cost function C(x) in dollars.

C(x) =

Write down the revenue function R(x) in dollars.

R(x) =

Write down the profit function P(x) in dollars.

P(x) =

(b)

What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator?

(c)

How many copies should be sold in order to break even?

copies

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