SOLUTION: The Tie Shop sells its ties for $41 each. The shop has weekly fixed costs of $546 and each tie costs $22 to make. Let x stand for the number of ties. Write the revenue function.

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: The Tie Shop sells its ties for $41 each. The shop has weekly fixed costs of $546 and each tie costs $22 to make. Let x stand for the number of ties. Write the revenue function.      Log On

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Question 1167771: The Tie Shop sells its ties for $41 each. The shop has weekly fixed costs of $546 and each tie costs $22 to make. Let x stand for the number of ties.
Write the revenue function.
R(x) =
b) Write the cost function.
C(x) =
c) Write the profit function. Simplify if possible.
P(x) =
d) Find the break-even point.

Answer by josgarithmetic(39623) About Me  (Show Source):
You can put this solution on YOUR website!
Revenue how much money taken through sales
R%28x%29=41x

Cost, C%28x%29=22x%2B546


Profit, R-C,
P%28x%29=41x-22x-546
P%28x%29=19x-546