$18,000. It costs $40 to produce each canoe. The selling price is $160 per canoe.​ (In solving this​ exercise, let x represent the number of canoes produced and​ sold.) a. Write the cost function.   ​C(x)=nothing ​ (Type an expression using x as the​ variable.)   b. Write the revenue function.   ​R(x)=nothing   ​(Type an expression using x as the​ variable.)   c. Determine the​ break-even point

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.4: Functions Given By Words
Problem 13E
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A company that manufactures small canoes has a fixed cost of
$18,000.
It costs
$40
to produce each canoe. The selling price is
$160
per canoe.​ (In solving this​ exercise, let x represent the number of canoes produced and​ sold.)
a. Write the cost function.
 
​C(x)=nothing
​ (Type an expression using x as the​ variable.)
 
b. Write the revenue function.
 
​R(x)=nothing  
​(Type an expression using x as the​ variable.)
 
c. Determine the​ break-even point.
 
nothing  
​(Type an ordered pair. Do not use commas in large​ numbers.)
 
This means that when the company produces and sells the​ break-even number of canoes
 
 
A.
there is less money coming in than going out.
 
B.
the money coming in equals the money going out.
 
C.
there is more money coming in than going out.
 
D.
there is not enough information.
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