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 = $100
x=produce quantity
b.Revenue function
R(x) = Px * x
R(x) = 200x
Where
Px=Price
x=produce quantity
c. Break-even point is the amount of canoes where revenue are the same as cost. We cover the total cost with the sales.
So, FC + pcost * x=Px * x
24,000 + 100x=200x
Isolating x
24,000 =200x- 100x
100x=24000
x=24,000/100
x=240
The first one is 2.52 × 10 to the negative third power while the second one answers 1.11850 × 10 to the positive five power
Answer:
Sales = n
($x + $y)
Step-by-step explanation:
The basic simple sales equation is
Quantity
Price = Sales
Here in the given question,
Total quantity of sales = n
Price = Cost + markup
(Markup refers to the profit added to cost)
Thus price = $x (cost) + $y (markup)
Sales = n
($x + $y)
Sales amount is the total amount received from sales of products, total quantity at some price provided.
Answer:
16x²+6x+3
Step-by-step explanation:
x²+6x+3(5x²-4)+15
x²+6x+15x²-12 +15
16x²+6x+3
5, 3, 7, 9 are all non-common factors