. Revenue function for company A = R(x) = 9.8x Cost function for company A = C(x) = 2625+2.3x Profit function for company A = π(x) = 7.5x -2625 (iv) Using a spreadsheet, create a table for showing x, R(x)?, C(x) for company A in the domain x = 50, 100, 150, 200, 250, 300, 350, 400, 450. (v) Graph the functions from (iv) above on the same axes. (vi) From your graph, determine the break-even level of output for company A
If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. The demand for its product is p = 15 - (x /25) , its production cost per unit is US$5.00 and its fixed cost are the same as for company A.
Revenue function for company A = R(x) = 9.8x
Cost function for company A = C(x) = 2625+2.3x
Profit function for company A = π(x) = 7.5x -2625
(iv) Using a spreadsheet, create a table for showing x, R(x)?, C(x) for company A
in the domain x = 50, 100, 150, 200, 250, 300, 350, 400, 450.
(v) Graph the functions from (iv) above on the same axes.
(vi) From your graph, determine the break-even level of output for company A
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