Question
SupposetheLMCcompanymanufactures Wild Hyacinth, a perfume, which sells them for $50. The annual costs incurred in the production and sale of Wild Hyacinth are $200,000.Each bottle
SupposetheLMCcompanymanufactures Wild Hyacinth, a perfume, which sells them for $50. The annual costs incurred in the production and sale of Wild Hyacinth are $200,000.Each bottle of WildHyacinth requires$10in materials, labor, and energy.
a)Write the cost, revenue, and profit function for the production and sale ofq bottles.
b)Graph the revenue, cost and profit equation on one graph (you can use Desmos and cut and paste)
c)Find the break-even point.
d)LMC would like to make $100,000 in profit annually on Wild Hyacinth.How many bottles dothey have to sell?
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