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A company has a fixed cost of $ 3 0 , 0 0 0 and a production cost of $ 1 0 for each pair
A company has a fixed cost of $ and a production cost of $ for each pair of sunglasses it manufactures. Each pair of sunglasses sells for $
a What are the cost, revenue, and profit functions?
b Find the profit loss corresponding to production levels of and units, respectively.
c Sketch a graph of the cost and revenue functions.
d Find the breakeven point for the company algebraically.
Solution:
a
b
c
d
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