Describe a number of business ventures. A company that manufactures small canoes has a fixed cost of $18,000. It costs $20 to produce each canoe. The selling price is $80 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.)

For this exercise,

a. Write the cost function, C.

b. Write the revenue function, R.

c. Determine the break-even point. Describe what this means