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2. Company manufactures and sells bikes. Each bike costs M R.O to make. The company's fixed costs are 500 R.O. In addition, the company owners

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2. Company manufactures and sells bikes. Each bike costs M R.O to make. The company's fixed costs are 500 R.O. In addition, the company owners know that the price of each bike comes from the price function p = 60 -* (Note: Mis the first two digit from your MEC ID after alphabetic (S or F), for example if the ID is 19F18140 take the two digit after F which are 18) a. Find the Break-even point of the company (11 marks) b. Find the number of bikes at maximum profit of the company (3 marks) C. Find the maximum revenue the company earned (2 marks) 2. Company manufactures and sells bikes. Each bike costs M R.O to make. The company's fixed costs are 500 R.O. In addition, the company owners know that the price of each bike comes from the price function p = 60 -* (Note: M is the first two digit from your MEC ID after alphabetic (S or F), for example if the ID is 19F18140 take the two digit after which are 18) My id number after F is 18 2. Company manufactures and sells bikes. Each bike costs M R.O to make. The company's fixed costs are 500 R.O. In addition, the company owners know that the price of each bike comes from the price function p = 60 -* (Note: Mis the first two digit from your MEC ID after alphabetic (S or F), for example if the ID is 19F18140 take the two digit after F which are 18) a. Find the Break-even point of the company (11 marks) b. Find the number of bikes at maximum profit of the company (3 marks) C. Find the maximum revenue the company earned (2 marks) 2. Company manufactures and sells bikes. Each bike costs M R.O to make. The company's fixed costs are 500 R.O. In addition, the company owners know that the price of each bike comes from the price function p = 60 -* (Note: M is the first two digit from your MEC ID after alphabetic (S or F), for example if the ID is 19F18140 take the two digit after which are 18) My id number after F is 18

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