E
etangel08
Guest
If x is the number of units of a product that is sold and the price is $p per unit, write the function that gives the revenue R for the product.
2. If the fixed cost for production of this product is $10,000 and the variable cost is $100 per unit, find the function that gives the total cost C for the product.
3. Write an equation containing only the variables p and x that describes when the break-even point occurs.
4. Solve the equation from 3 for x, so that x is written as a function of p.
a. What type of function is this?
b. What is the domain of this function?
c. What is the domain of this function in the context of this application?
2. If the fixed cost for production of this product is $10,000 and the variable cost is $100 per unit, find the function that gives the total cost C for the product.
3. Write an equation containing only the variables p and x that describes when the break-even point occurs.
4. Solve the equation from 3 for x, so that x is written as a function of p.
a. What type of function is this?
b. What is the domain of this function?
c. What is the domain of this function in the context of this application?