Question
(1 point) A company that makes thing-a-ma-bobs has a start up cost of $11,310.00. It costs the company $2.80 to make each thing-a-ma-bob. The company
(1 point) A company that makes thing-a-ma-bobs has a start up cost of $11,310.00. It costs the company $2.80 to make each thing-a-ma-bob. The company charges $5.88 for each thing-a-ma-bob. Letxxdenote the number of thing-a-ma-bobs produced.
a) Write the cost function,C(x)C(x), for this company. Answer:
b) Write the revenue function,R(x)R(x), for this company. Answer:
c) What is the minumum number of thing-a-ma-bobs that the company must produce and sell to make a profit? i.e. how many units must be produced and sold for the company to break even. (NOTE: Round your number up.) Answer:
d) Write the profit function,P(x)P(x), from producing and sellingxxthing-a-ma-bobs. Answer:
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