Afirm will break even (no profit and no loss) as long as revenue just equals cost. The value of x (the number of items produced and sold) where Cla) R() is called the break-even point. Assume that the below table can be expressed as a linear function
Find (a) the cost function (b) the revenue function, and (c) the profit function
(d) Find the break-even point and decide whether the product should be produced, given the restrictions on sales.
Fixed cost Variable cost Price of item
$750 $10 $35
According to the restriction, no more than 20 units can be sold
(a) The cost function is CK-
(Simplify your answer)
(b) The revenue function is -
(Simplify your answer)
(c) The profit function is -
(Simplify your answer)
(d) Select the correct choice below and to in the answer box within your choice
(Type a whole number)
OA The break-even point is units. Thus, the product should not be produced, given the restriction on sales.
OB. The break-even point is units. Thus, the product should be produced, given the restriction on sales.