SOLUTION: A company that manufactures running showes has a fixed cost of $300.000. Additionally, it costs $30 to produce each pair of shoes. The shoes are sold at $80.00 per pair.
a) Writ
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Question 520890: A company that manufactures running showes has a fixed cost of $300.000. Additionally, it costs $30 to produce each pair of shoes. The shoes are sold at $80.00 per pair.
a) Write the cost function, C, of producing x pairs of running shoes.
b) Write the revenue function, R, from the sale of x pairs of running shoes.
c) Determine the break-even point. Describe what this means.
d) Use the revenue and cost function to write the profit function for producing and selling x pairs of running shoes.
Sorry, this is the 3rd time I try and can't get it right. Can you please assist? Thank you, Elise
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Sure, right after you repost showing the work you have done and what you have tried. That shouldn't be hard since you have tried to do the problem three times, right?
John
My calculator said it, I believe it, that settles it
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