10. Shannon plans to start up a small business manufacturing baseball caps (for men) of New York Mets. Her initial cost is

Question

10. Shannon plans to start up a small business manufacturing baseball caps (for men) of New
York Mets. Her initial cost is $4500. Each cap costs $11.99 to manufacture.
(a) [2 points] Write a cost function C, where x represents the number of caps manufactured.
(b) [2 points] Find the revenue function R if each cap in part (a) sells for $31.99.
(c) [5 points] Give the profit function P in simplified form.
(d) [6 points] How many caps must be produced and sold for Shannon to earn a profit?

Kunduz · Accepted Answer

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