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The Green-Belt Company determines that the cost of manufacturing men's belts is $ 2 each plus $ 300 per day in fixed costs. The company
The Green-Belt Company determines that the cost of manufacturing men's belts is $ 2 each plus $ 300 per day in fixed costs. The company sells the belts for $ 3 each. What is the break-even point?
Suppose that a company has determined that the cost of producing x items is
500 + 140x and that the price it should charge for one item is P = 200 - x
a. Find the cost function.
b. Find the revenue function.
c. Find the profit function.
d. Find the break-even point
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