SOLUTION: Austin Avenue Clothiers pays $52 each for sports coats and has a fixed monthly cost of $740. The store sells the coats for $77 each. (a) What is the linear cost-volume function C(

Algebra ->  Finite-and-infinite-sets -> SOLUTION: Austin Avenue Clothiers pays $52 each for sports coats and has a fixed monthly cost of $740. The store sells the coats for $77 each. (a) What is the linear cost-volume function C(      Log On


   

Question 1126681: Austin Avenue Clothiers pays $52 each for sports coats and has a fixed monthly cost of $740. The store sells the coats for $77 each.
(a) What is the linear cost-volume function C(x)?
C(x) =

(b) What is the linear revenue function R(x)?
R(x) =

(c) What is the break-even number of coats? (Round your answer up to the nearest whole number.)


Answer by josgarithmetic(39620) About Me  (Show Source):
You can put this solution on YOUR website!
x number of coats

C%28x%29=52x%2B740------cost

R%28x%29=77x---------revenue

Break-Even is cost and revenue are equal.
52x%2B740=77x
Solve.