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.
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.
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
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)=enter your response here
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What is the revenue function.
R(x)=enter your response here
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