The unit cost, in dollars, to produce tubs of ice cream is $20 and the fixed cost is $11368. The price- demand function, in dollars per tub, is p(x) = 470 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 Select an answer dollars tubs of ice cream scoops of ice cream gallons of ice cream

The unit cost, in dollars, to produce tubs of ice cream is $20 and the fixed cost is $11368. The price- demand function, in dollars per tub, is p(x) = 470 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 Select an answer dollars tubs of ice cream scoops of ice cream gallons 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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