Answer:
a. C(x) = 24,000 + 100x
b. R(x) = 200x
c. Break-even point is 240 canoes
Step-by-step explanation:
a. Cost function is C(x) = FC + pcost * x
C(x) = 24,000 + 100x
Where
FC=Fixed cost = 24,000
pcost=costs to prod canoes = $100
x=produce quantity
b.Revenue function
R(x) = Px * x
R(x) = 200x
Where
Px=Price
x=produce quantity
c. Break-even point is the amount of canoes where revenue are the same as cost. We cover the total cost with the sales.
So, FC + pcost * x=Px * x
24,000 + 100x=200x
Isolating x
24,000 =200x- 100x
100x=24000
x=24,000/100
x=240
well divide 4/5
Step-by-step explanation:
that Will your answer
That’s hard lol but it’s angle 5 to the power of 7.t!$/&:
Answer: X =5/2, 15/2 x=2.5, 7.5
Step-by-step explanation:
Answer:
0.41666666, to round up, the answer is 0.42
Step-by-step explanation: