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You decide to start a business selling laser cut coasters. Go online and find a laser cutter you might buy for this. (Note: you dont
You decide to start a business selling laser cut coasters. Go online and find a laser cutter you might buy for this. (Note: you dont actually have to buy it to do this homework problem...). Lets assume this is our only fixed cost. Then estimate the cost to create each item (this should include things like the price of the wood or acrylic you are cutting). Set up a cost function to create x trinkets. Then decide how much you would sell these for and set up a revenue function. Finally, find the profit function and break even point
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