Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve a through d please 1. A bicycle courier has a fixed delivery cost of $ 12.50 per day, plus a variable cost of $0.25/package.

Solve a through d please

image text in transcribed
1. A bicycle courier has a fixed delivery cost of $ 12.50 per day, plus a variable cost of $0.25/package. He earns $ 4.25 per package he delivers, in revenue. The maximum number of packages that he can deliver in a day is 27. a) Write an equation to represent .The total cost, C, as a function of the number, p, of packages delivered. . The revenue, R, as a function of the number, p, of packages delivered, b) Identify the break-even point. (Revenue = Cost) N c) Profit, P. is the difference between revenue and cost, Write an equation for the profit function. MHE 4UI d) What is the maximum daily profit the courier can earn

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra A Modern Introduction

Authors: David Poole

3rd edition

9781133169574 , 978-0538735452

Students also viewed these Mathematics questions