canoes has a fixed cost of $18,000. It costs $100 to produce each canoe. The selling price is $400 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.)
canoes has a fixed cost of $18,000. It costs $100 to produce each canoe. The selling price is $400 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.)
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.6: Problem Solving: Using Charts
Problem 19P
Related questions
Question
A company that manufactures small canoes has a fixed cost of
$18,000.
It costs
$100
to produce each canoe. The selling price is
$400
per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.)Question content area bottom
Part 1
a. Write the cost function.
C(x)=100 x plus 18000100x+18000
(Type an expression using x as the variable.)Part 2
b. Write the revenue function.
R(x)=400x
(Type an expression using x as the variable.)Part 3
c. Determine the break-even point.
(Type an ordered pair. Do not use commas in large numbers.)
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