A company produces and sells watches. The cost to make each watch is $55 and the fixed cost for the production of the watches is $12,000. The company sells the watches for $175 each. Q2.1 Part a) Determine a function for the total cost for making the watches and a function for the revenue that models the money you will receive for selling the watches. Define your variables and don't forget the units. Use proper function notation. Cost Function: Enter your answer here Revenue Function: Enter your answer here Save Answer Q2.2 Part b) Graph both the revenue and cost functions on the same set of axes using a context relevant domain. Label, on the graph, the revenue line, the cost line, and the break even point (revenue = cost). Include all labels and units. (Upload a pdf scan of your work) Upload a pdf scan of your work in the correct orientation for CREDIT. E Please select file(s) Select file(s) Save Answer Q2.3 Part c) Based on the graph from Q4.2 Part b, how many watches must the company sell in order to "break-even"?

A company produces and sells watches. The cost to make each watch is $55 and the fixed cost for the production of the watches is $12,000. The company sells the watches for $175 each. Q2.1 Part a) Determine a function for the total cost for making the watches and a function for the revenue that models the money you will receive for selling the watches. Define your variables and don't forget the units. Use proper function notation. Cost Function: Enter your answer here Revenue Function: Enter your answer here Save Answer Q2.2 Part b) Graph both the revenue and cost functions on the same set of axes using a context relevant domain. Label, on the graph, the revenue line, the cost line, and the break even point (revenue = cost). Include all labels and units. (Upload a pdf scan of your work) Upload a pdf scan of your work in the correct orientation for CREDIT. E Please select file(s) Select file(s) Save Answer Q2.3 Part c) Based on the graph from Q4.2 Part b, how many watches must the company sell in order to "break-even"?

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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