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Suppose you are a manager at a firm. The accounting department has provided cost estimates and the sales department has provided sales estimates on a
Suppose you are a manager at a firm. The accounting department has provided cost estimates and the sales department has provided sales estimates on a new product. Analyze the data they give you and determine what it will take to break even
A. the sales department plans to sell the items for $460 each. Write the revenue function, R(x) for this item
B. The production department says that the fixed costs are $14,835 and that making 100 units costs $49,335. Write the cost function C(x) for this item
C. What is the break-even quantity?
Thank you ! :)
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