A company that manufactures paddle boards has a fixed cost of $21,000. It costs $100 to produce each paddle board. The selling

Question

A company that manufactures paddle boards has a fixed cost of $21,000. It costs $100 to produce each paddle board. The selling price is $250 per paddle board. 
1. Write the total cost, C, as a function of the number of paddle boards produced, x. 
2. Write the total revenue, R, as a function of the number of paddle boards sold, x. 
3. Determine the break-even point. 
4. Interpret the break-even point in a sentence. 
5. Write Profit function. (profit is revenue - cost). 6. How many paddle boards would you have to produce and sell to have a profit of $50,000?

Kunduz · Accepted Answer

Click to see the answer