1. To produce x burgers, there is a$20 fixed cost as well as $5 per burger. The...
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Question:
1. To produce x burgers, there is a$20 fixed cost as well as $5 per burger. The burgers are sold for $15 a piece. Find:
a. The Profit Function P(x) b. The number of burgers that must be sold to break even
c. The Profit for selling 100 burgers
d. The number of burgers that must be sold for a profit of $130
2. Given the Price Demand equationx=1.20.4p and Cost C(x)=25+9x
Find:
a. The Revenue Function
b. The Profit Function
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