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5.) [5 points] A company has fixed costs of $16,000 and a production cost of $8 for each unit it manufactures. A unit sells
5.) [5 points] A company has fixed costs of $16,000 and a production cost of $8 for each unit it manufactures. A unit sells for $12. a. What is the cost function? b. What is the revenue function? c. What is the profit function? d. What is the break-even quantity? Round all values to the nearest whole number. 6.) [5 points] The function g(x) is graphed below. Notice the arrows, open/closed circles and the scaling. Use this graph to determine the value of the following (if they exist.) If the limit does not exist, write "DNE" -8 -6 -5 a. lim g(x) X1X b. g(-1) c. lim g(x) X--5- d. lim g(x) 6 5 4 -3. 2 -2 -3 4 -5 -6 7 -8 2 3 5 6 7 8 9 10
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