SOLUTION: A TV manufacturer has fixed costs of $1,117.50 and variable costs of $55.25 per TV. The TV's sell
for $99.95 each.
a.) If X is the number of units sold, write the equations of th
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Question 964294: A TV manufacturer has fixed costs of $1,117.50 and variable costs of $55.25 per TV. The TV's sell
for $99.95 each.
a.) If X is the number of units sold, write the equations of the revenue and cost functions
b.) Find the break even point.
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
cost = 1,117.50+55.25X
Revenue = 99.95X
---------------------
Break even point:
1,117.50+55.25X = 99.95X Subtract 55.25X from both sides:
1,117.50= 44.70 Divide both sides by 44.70 and you have your answer.
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