document.write( "Question 156478: You are starting a T-shirt business. Your fixed costs are $5,000. It costs $11 to buy each shirt. you plan to sell the shirts for $16. Write the total cost function, revenue function, profit function. Find the break even point. \n" ); document.write( "
Algebra.Com's Answer #115411 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! You are going to sell \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It costs you $5000 plus $11 for each shirt, so the cost function is:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You are going to sell each shirt for $16, so the revenue function is:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The profit is the difference between the revenue and the cost, so:\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "You break even when your profit is zero, that is \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Hence, you break even when you sell |