A company produces very unusual CD's for which the variable cost is $ 9 per CD and the fixed costs are $50,000. They will sell the CD's for $ 57 each. Let a be the number of CD's produced and sold. a. Write the total cost TC as a function of the number of CD's produced and sold. TC = $ b. Write the total revenue TR as a function of the number of CD's produced and sold. TR= $ c. Write the total net income NI as a function of the number of CD's produced and sold. NI = $ d. Find the number of CD's which must be produced and sold to breakeven. The number of CD's which must be produced and sold to breakeven is Round UP to the nearest whole number of CDs. Submit Question

A company produces very unusual CD's for which the variable cost is $ 9 per CD and the fixed costs are $50,000. They will sell the CD's for $ 57 each. Let a be the number of CD's produced and sold. a. Write the total cost TC as a function of the number of CD's produced and sold. TC = $ b. Write the total revenue TR as a function of the number of CD's produced and sold. TR= $ c. Write the total net income NI as a function of the number of CD's produced and sold. NI = $ d. Find the number of CD's which must be produced and sold to breakeven. The number of CD's which must be produced and sold to breakeven is Round UP to the nearest whole number of CDs. Submit Question

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A company produces very unusual CD's for which the variable cost is $ 9 per CD and
the fixed costs are $ 50,000. They will sell the CD's for $ 57 each. Let x be the number
of CD's produced and sold.
a. Write the total cost TC as a function of the number of CD's produced and sold.
TC = $
b. Write the total revenue TR as a function of the number of CD's produced and sold.
TR = $
c. Write the total net income NI as a function of the number of CD's produced and
sold.
NI = $
d. Find the number of CD's which must be produced and sold to breakeven.
The number of CD's which must be produced and sold to breakeven is
Round UP to the nearest whole number of CDs.
Submit Question

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