A company manufactures and sells bookcases. The selling price is $54.90 per bookcase. The total cost function
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A company manufactures and sells bookcases. The selling price is $54.90 per bookcase. The total cost function is linear, and costs amount to $50,000 for 2000 bookcases and $32,120 for 800 bookcases.
(a) Write the equation for revenue.
(b) Write the equation for total costs.
(c) Find the break-even quantity?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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