document.write( "Question 1174257: the unit cost per gizmo is $30,the fixed cost for making gizmos is $1,200. 60 gizmos must be sold in order to break even.
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document.write( "*Find linear cost function
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document.write( "*Find linear revenue function
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document.write( "*Find linear profit function
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document.write( "Show work with all steps \n" );
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Algebra.Com's Answer #799670 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "The cost function is the fixed cost plus the per-gizmo cost: \n" ); document.write( "C(x) = 1200+30x, where x is the number of gizmos produced. \n" ); document.write( "The cost of producing 60 gizmos is $1200+$30(60) = $3000. To break even when selling 60 gizmos, the selling price per gizmo must be $3000/60 = $50. So the revenue function is \n" ); document.write( "R(x) = 50x \n" ); document.write( "The profit is revenue minus cost: \n" ); document.write( "P(x) = 50x - (1200+30x) \n" ); document.write( "P(x) = 20x - 1200 \n" ); document.write( " \n" ); document.write( " |