document.write( "Question 5766: The vending machine on the fourth floor of your building sells bottles of soft drink at a price of $1 per bottle. Let X denote the number of bottles of soft drink sold each week.
\n" );
document.write( "A) What is the revenue function: R(x) = ?
\n" );
document.write( "B) If the fixed cost for the owner of this vending machine is $125 per week, and the wholesale cost of each bottle is 50 cents, what is the total cost function: C(x) = ?
\n" );
document.write( "C) What is the profit function: P(x) = ?
\n" );
document.write( "D) What is the Break- Even Point: BEP = ? \n" );
document.write( "
Algebra.Com's Answer #2966 by Abbey(339) ![]() You can put this solution on YOUR website! Let x = the number of bottles sold \n" ); document.write( "Revenue will equal $1 multiplied by the number of bottles sold, \n" ); document.write( "R(x)=$1(x) \n" ); document.write( "The fixed cost for the owner is $125 and the wholesale cost is 50 cents. \n" ); document.write( "To create the cost function C(x), multiply the number of bottles sold by 50 cents and add $125 to the total: \n" ); document.write( "C(x) = $.50(x) + $125 \n" ); document.write( "The profit function is the revenue function - the cost function: \n" ); document.write( "P(x)=$1(x)-($.50(x)+$125) \n" ); document.write( "Finally, the break even point will be when the revenue is equal to the cost: \n" ); document.write( "$1x=$.50(x)+$125 \n" ); document.write( "convert the dollars and cents into fractions and integers: \n" ); document.write( " \n" ); document.write( "subtract \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "multiply both sides by 2: \n" ); document.write( " \n" ); document.write( "so the break even point occurs when 250 cans of soft drinks have been sold.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This makes sense because if the machine sells 250 cans of soda, it has earned $250. the cost of 250 cans is $125 + the fixed cost of $125 = $250. \n" ); document.write( " \n" ); document.write( " |