The unit cost, in dollars, to produce tubs of ice cream is $19 and the fixed cost is $10670. The price-demand function, in dollars per tub, is p(x) = 323 - 2x Find the cost function. C(x) = Find the revenue function. R(x) = Find the profit function. P(x) = At what quantity is the smallest break-even point? ✓ Select an answer D gallons of ice cream tubs of ice cream dollars scoops of ice cream

The unit cost, in dollars, to produce tubs of ice cream is $19 and the fixed cost is $10670. The price-demand function, in dollars per tub, is p(x) = 323 - 2x Find the cost function. C(x) = Find the revenue function. R(x) = Find the profit function. P(x) = At what quantity is the smallest break-even point? ✓ Select an answer D gallons of ice cream tubs of ice cream dollars scoops of ice cream

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.3: Solve Mixture Applications With Systems Of Equations

Problem 4.59TI: The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32....

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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.
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