A division of Tyson Corporation manufactures tires. Each tire sells for $80 and the variable cost of producing each unit is $25 dollars less than the selling price. The monthly fixed costs incurred by the division are $74,000. Please answer the following questions: a) What is the cost and revenue functions? b) What is the break even point ? Sketch a graph with both the cost and revenue functions on it and the break even point What is the profit function? Will there still be a profit at x = 3,500 enits?
A division of Tyson Corporation manufactures tires. Each tire sells for $80 and the variable cost of producing each unit is $25 dollars less than the selling price. The monthly fixed costs incurred by the division are $74,000. Please answer the following questions: a) What is the cost and revenue functions? b) What is the break even point ? Sketch a graph with both the cost and revenue functions on it and the break even point What is the profit function? Will there still be a profit at x = 3,500 enits?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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