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Q.1 A junk yard pulls parts off of wrecked vehicles and sells them to a wholesaler. If its totalrevenue function is TR=20x and the total

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Q.1 A junk yard pulls parts off of wrecked vehicles and sells them to a wholesaler. If its totalrevenue function is TR=20x and the total cost function is TC=170+10x.The number of parts that the junk yard must sell to breakeven is___parts

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The figure below shows graphs of the fixed cost function total cost function and the total revenue function for a certain commodity. 7000 6000 5000 -4000 Deliara (X) 3000 2000 10 -10 30 40 50 60 90 160 -1000- If the selling price per unit is $80, and the variable cost per unit is $30: (a) What is the break-even point? enter the answer in the form (x.y) e.g. (295,7650) (b) What are the fixed costs? $ (c) If the maximum production capacity of the commodity is 120, express the break- even units as a percent of capacity? Percent of capacity " (round to two decimal places if necessary) (d) What color is the Total Revenue Line? [Seleg an answerV]

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