An entrepreneur invests in a new play. The cost includes an overhead of $37,975 plus production costs of $3000 per performance. A sold-out performance brings in $3775. Assume every performance is sold out, and let x represent the number of sold-out performances. a. Write the cost function, C. C(x) = 3000X + 37975 (Type an expression using x as the variable.) b. Write the revenue function, R. R(x) = 3775X (Type an expression using x as the variable.) c. Determine the break-even point. (Type an ordered pair. Do not use commas in large numbers.)

An entrepreneur invests in a new play. The cost includes an overhead of $37,975 plus production costs of $3000 per performance. A sold-out performance brings in $3775. Assume every performance is sold out, and let x represent the number of sold-out performances. a. Write the cost function, C. C(x) = 3000X + 37975 (Type an expression using x as the variable.) b. Write the revenue function, R. R(x) = 3775X (Type an expression using x as the variable.) c. Determine the break-even point. (Type an ordered pair. Do not use commas in large numbers.)

Name: Breakeven should be an ordered pair. An entrepreneur invests in a new
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Description: Breakeven should be an ordered pair. An entrepreneur invests in a new play. The cost includes an overhead of $37,975 plus production costs of $3000 per performance. A sold-out performance brings in$3775. Assume every performance is sold out, and let

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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Breakeven should be an ordered pair.

An entrepreneur invests in a new play. The cost includes an overhead of $37,975 plus production costs of $3000 per performance. A sold-out performance brings in
$3775. Assume every performance is sold out, and let x represent the number of sold-out performances.
a. Write the cost function, C.
C(x) = 3000X + 37975 (Type an expression using x as the variable.)
b. Write the revenue function, R.
R(x) = 3775X (Type an expression using x as the variable.)
c. Determine the break-even point.
(Type an ordered pair. Do not use commas in large numbers.)

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