Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 42¢/copy. The Collegiate Investigator sells for 52¢/copy. (a) Write down the associated cost function C(x) in dollars. HINT [See Examples 1 and 2.] C(x) = Write down the revenue function R(x) in dollars. R(x) = Write down the profit function P(x) in dollars. P(x) = (b) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator? $ (c) How many copies should be sold in order to break even? copies
C(x) = 68 +.42x
does that help?
It really dose, can you also help me solve the other problems?
R(x) ... how much does the paper make for every copy (x) that it sells?
R is revenue. money made...
68 dollars is the fixed cost... it's not money the paper makes. It's money the paper pays. That's why we put it in Cost.
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