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7. Given the Revenue: R(x) = 35.5x function and the Const: C(x) = 14x + 3500 function, please answer the following questions: a) What is
7. Given the Revenue: R(x) = 35.5x function and the Const: C(x) = 14x + 3500 function, please answer the following questions:
a) What is the price of the item being sold?
b) What is the variable cost and fixed cost of the item being produced?
c) What is the Profit function?
d) Give the brake even point
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