You invest in a new play. The cost includes an overhead of $32,500, plus production costs of $2500 per performance. A sold-out performance brings in $3125. (In solving this exercise, let x represent the number of sold-out performances.) a. Write the cost function, C. b. Write the revenue function, R. c. Determine the break-even point. Describe what this means. a. Write the cost function, C. C(x) =D (Type an expression using x as the variable.)
You invest in a new play. The cost includes an overhead of $32,500, plus production costs of $2500 per performance. A sold-out performance brings in $3125. (In solving this exercise, let x represent the number of sold-out performances.) a. Write the cost function, C. b. Write the revenue function, R. c. Determine the break-even point. Describe what this means. a. Write the cost function, C. C(x) =D (Type an expression using x as the variable.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.2: Zeros Of Linear Fumctions
Problem 45PPS
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![You invest in a new play. The cost includes an overhead of $32,500, plus production costs of $2500 per performance. A sold-out performance brings in $3125. (In solving this exercise, let x represent the number of sold-out performances.)
a. Write the cost function, C.
b. Write the revenue function, R.
c. Determine the break-even point. Describe what this means.
a. Write the cost function, C.
C(x) =D
(Type an expression using x as the variable.)
inter vour answer in the answer box and then click Check Answer.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F93d39ae0-e86b-4b76-835a-7465e6826123%2F17866bc7-a988-4416-8e86-ef6e809433bf%2Fdhfxzzo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You invest in a new play. The cost includes an overhead of $32,500, plus production costs of $2500 per performance. A sold-out performance brings in $3125. (In solving this exercise, let x represent the number of sold-out performances.)
a. Write the cost function, C.
b. Write the revenue function, R.
c. Determine the break-even point. Describe what this means.
a. Write the cost function, C.
C(x) =D
(Type an expression using x as the variable.)
inter vour answer in the answer box and then click Check Answer.
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