SOLUTION: A GROUP OF FRIENDS DECIDE TO MAKE AND SELL SURFBOARDS. AFTER PLANNING THINGS OUT, THEY FOUND THAT THERE IS A FIXED COST OF $6000 FOR MANUFACTURING AND ADVERTISING. IT COSTS $150
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Question 1109335: A GROUP OF FRIENDS DECIDE TO MAKE AND SELL SURFBOARDS. AFTER PLANNING THINGS OUT, THEY FOUND THAT THERE IS A FIXED COST OF $6000 FOR MANUFACTURING AND ADVERTISING. IT COSTS $150 TO PRODUCE EACH BOARD AND THEY PLAN ON SELLING EACH FOR $300. LET X REPRESENT THE NUMBER OF BOARDS AND WRITE THE COST FUNCTION, C(X), AND THE REVENUE FUNCTION, R(X). THEN DETERMINE THE BREAK-EVEN POINT TO SEE HOW MANY BOARDS THEY NEED TO SELL BEFORE MAKING A PROFIT. Answer by ikleyn(52813) (Show Source):
