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Your college newspaper, The Collegiate Investigator , has fixed production costs of $76per edition and marginal printing and distribution costs of41per copy. The Collegiate Investigator
Your college newspaper,The Collegiate Investigator, has fixed production costs of $76per edition and marginal printing and distribution costs of41per copy.The Collegiate Investigatorsells for51per copy.
(a)
Write down the associated cost functionC(x) in dollars.
C(x) =
Write down the revenue functionR(x) in dollars.
R(x) =
Write down the profit functionP(x) in dollars.
P(x) =
(b)
What profit (or loss) results from the sale of 500 copies ofThe Collegiate Investigator?
$
(c)
How many copies should be sold in order to break even?
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