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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. 8000+ 7000 6000
The figure below shows graphs of the fixed cost function, total cost function and the total revenue function for a certain commodity. 8000+ 7000 6000 5000 4000 Dollars ($) 3000 2000 1000 20 -10 10 20 30 50 60 70 80 90 10 40 Units -1000+ (a) What is the break-even point? 40,2000 x enter the answer in the form (x,y) e.g. (295,7650) (a) What is the break-even point? 40,2000 xenter the answer in the form (x,y) e.g. (295,7650) (b) What are the fixed costs, if the selling price per unit is $50, and the variable cost per unit is $10 ? $ (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) Which line colour is the Fixed Cost Line? Select an
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