Mathematics, 28.11.2019 06:31 tionnewilliams21
Acompany that manufactures small canoes has a fixed cost of $20,000. it cost $40 to produce each canoe. the selling price is $80 per canoe. (in solving this exercise, let x represent the number of canoes produced and sold.)
1. write the cost function.
2. write the revenue function.
3. determine the break-even point. make sure your answer is an ordered pair.
4. this means that when the company produces and sells the break-even number of
canoes: a. there is less money coming in than going out b. the money coming in
equals the money going out c. there is more money coming in than going out d.
there is not enough information
explain how to work all of this out.
Answers: 3
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Acompany that manufactures small canoes has a fixed cost of $20,000. it cost $40 to produce each can...
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