Technology is now promising to bring light, fast, and beautiful wheelchairs to millions of disabled people. A company is planning to manufacture these radically different wheelchairs. Fixed cost will be $500,000 and it will cost $400 to produce each wheelchair. Each wheelchair will be sold for $600. a. Write the cost function, C, of producing x wheelchairs. b. Write the revenue function, R, from the sale of x wheelchairs. c. Determine the break-even point. Describe what this means.
Technology is now promising to bring light, fast, and beautiful wheelchairs to millions of disabled people. A company is planning to manufacture these radically different wheelchairs. Fixed cost will be $500,000 and it will cost $400 to produce each wheelchair. Each wheelchair will be sold for $600. a. Write the cost function, C, of producing x wheelchairs. b. Write the revenue function, R, from the sale of x wheelchairs. c. Determine the break-even point. Describe what this means.
Chapter4: Systems Of Linear Equations
Section4.3: Solve Mixture Applications With Systems Of Equations
Problem 4.60TI: The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170....
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Transcribed Image Text:Technology is now promising to bring light, fast, and beautiful wheelchairs to millions
of disabled people. A company is planning to manufacture these radically different
wheelchairs. Fixed cost will be $500,000 and it will cost $400 to produce each wheelchair.
Each wheelchair will be sold for $600.
a. Write the cost function, C, of producing x wheelchairs.
b. Write the revenue function, R, from the sale of x wheelchairs.
c. Determine the break-even point. Describe what this means.
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