A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18 each (a) Write down the cost function. (b) Write down the revenue function. (c) Find the profit function. (d) Find the break even point. (e) How many vases must the company sell to make a 20% profit?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 8ECP
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A company makes and sells ornamental vases. To make the vases there is a fixed
monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18
each
(a) Write down the cost function.
(b) Write down the revenue function.
(c) Find the profit function.
(d) Find the break even point.
(e) How many vases must the company sell to make a 20% profit?
Transcribed Image Text:A company makes and sells ornamental vases. To make the vases there is a fixed monthly cost of $6,000 and an additional production cost of $9 per vase. The vases sell for $18 each (a) Write down the cost function. (b) Write down the revenue function. (c) Find the profit function. (d) Find the break even point. (e) How many vases must the company sell to make a 20% profit?
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