Question

A company that manufactures bikes has a fixed cost of $100,000. It costs $150 to produce each bike. The selling price of each bike is $310. Which one of the following is true?
a. the company can always gain money
b. the company breaks even by producing and selling 625 bikes.
c. let x is the number of bikes produced and sold, the companys profit can be expressed as the function P(x)= 310x-100,000=150x
d. None of the Above.

Help please we never learned this :(

Answer 1

A

Answer 2

if they sell bikes for more than it costs to produce them they always get money

Answer 3

thanks so much :)

Answer 4

you're welcome ;)