SOLUTION: A company manufactures and sells fishing rods. Each rod is sold for R160 00. The manufacturing cost consist of a fixed cost of R18 000.00 and a variable cost R130.00 per rod.

Question 1054695: A company manufactures and sells fishing rods. Each rod is sold for R160 00. The manufacturing cost consist of a fixed cost of R18 000.00 and a variable cost R130.00 per rod.
Answer by ikleyn(52782) (Show Source): You can put this solution on YOUR website!
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Comment from student: A company manufactures and sells fishing rods. Each rod is sold for R160 00.
The manufacturing cost consist of a fixed cost of R18 000.00 and a variable cost R130.00 per rod.
8.1. Determine the profit function for this company 8.2 What is the break-even level?
8.3. Draw a neat graph depicting the profit function. Indicate the break-even point on the graph.
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