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Concept explainers
Pet Safety. Christine designed and is now producing a pet car seat. The fixed costs for setting up production are $10,000, and the variable costs are $30 per unit. The revenue from each sat is to be $80. Find the following.
The total cost
The total revenue
The total profit
The profit to loss from the production and sale of 2000 seats; of 50 seats
The break-even point
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Chapter 8 Solutions
Student's Solutions Manual For Elementary And Intermediate Algebra: Concepts And Applications
- The manufacturer of a weight training bench spends $15 to build each bench and sells them for $32. The manufacturer also has fixed costs each month of $25,500. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches 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 break-even point means.arrow_forwardThe 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.arrow_forward
- Calculus For The Life SciencesCalculusISBN:9780321964038Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.Publisher:Pearson Addison Wesley,
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