# MAT/116 Week 3 dq 2

FratBro23
Category:
Other
Price: \$5 USD

Question description

DQ2

A real world application
involves the concept of "break-even" analysis. When we produce and sell a
product, the break-even point is the point at which the money received (revenue)
equals the cost to produce.

Review the revenue, cost and profit example 11 on page 144 of the text
and solve the following problem which involves equations, formulas and
inequalities.

The cost to produce one
compact disc is \$1.50 plus a one-time fixed cost of \$2000. The revenue received
from selling One compact disc is \$12

a) Write a formula that
gives the cost C of producing x
compact discs. Be sure to include the fixed cost.

b) Write a formula that
gives the revenue R from selling
x
compact discs.

c) Profit equals revenue
minus cost. Write a formula that calculates the profit P from selling x compact discs.

d) How many compact discs
need to be sold to yield a positive profit?

(Top Tutor) Daniel C.
(997)
School: UCLA
Studypool has helped 1,244,100 students

1826 tutors are online

### Related Other questions

10/06/2013
10/04/2013
10/04/2013
10/03/2013
10/02/2013
10/02/2013

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors