Company ABC sells bikes. Each bike sells for $200 each.  1. Find the revenue, R(x), as a function of the number of bikes, x, sold. (Revenue is the total amount of money taken in for selling x bikes.)         Answer: R(x)=   2. Using your function (not guess and check), R(x), what is the company's revenue if they sell 1000 bikes?       Answer:      3. The company must make at least $250,311 dollars in revenue to break even of the production of the bike, using your function R(x) from number 1 (not guess and check). How many bikes must they sell to break even?         Answer:

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.1: Functions And Function Notation
Problem 1TI: Table 2(1) lists the five greatest baseball players of all time in order of rank. Is the rank a...
icon
Related questions
Question
  1. Company ABC sells bikes. Each bike sells for $200 each. 

    1. Find the revenue, R(x), as a function of the number of bikes, x, sold. (Revenue is the total amount of money taken in for selling x bikes.)

       

        Answer: R(x)=

     

    2. Using your function (not guess and check), R(x), what is the company's revenue if they sell 1000 bikes?

     

        Answer: 

     

     

    3. The company must make at least $250,311 dollars in revenue to break even of the production of the bike, using your function R(x) from number 1 (not guess and check). How many bikes must they sell to break even?

       

        Answer:   

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt