Question

You are setting up a part-time
business with an initial investment of $15,000. The unit
cost of the product is $11.80, and the selling price is
$19.30.
(a) Find equations for the total cost C and total revenue R
for x units.
(b) Find the break-even point by finding the point of
intersection of the cost and revenue equations.
(c) How many units would yield a profit of $1000?

Answer 1

hi. I am confuse about some other question.please help me on this too.

Answer 2

what about the others:D & please tell me the solution.

Answer 3

I think it is correct.

Answer 4

it is correct.tell me about the solution and the other.

Answer 5

see i know the formula for cost is\[Total cost = Total Fixed Cost \times Total variable Cost\]
\[Total Revenue = No. of Units Sold \times Price Per Unit\]

Answer 6

second question is that when Total Cost will be equal to the revenue

Answer 7

\[Break Even Point = \frac{Fixed Cost}{Selling Price - Variable Cost per Unit}\]