The cost to print tote bags to sell to faculty and staff is $200 for the printer fee and $7 per bag. The school plans to sell each tote bag for $17. a) Find the revenue equation. R(x) = b) Find the cost function. C(x) = c) Calculate the number of tote bags needed to be sold to break-even. d) Calculate the income at the break-even (round off to the nearest cent). $ e) Plot the revenue and cost functions. 600- 550- Revenue Cost($)

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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The cost to print tote bags to sell to faculty and staff is $200 for the printer fee and $7 per bag.
The school plans to sell each tote bag for $17.
a) Find the revenue equation.
R(x) =
b) Find the cost function.
C(x):
c) Calculate the number of tote bags needed to be sold to break-even.
d) Calculate the income at the break-even (round off to the nearest cent).
$
e) Plot the revenue and cost functions.
600-
550-
500
450
Revenue Cost($)
Transcribed Image Text:The cost to print tote bags to sell to faculty and staff is $200 for the printer fee and $7 per bag. The school plans to sell each tote bag for $17. a) Find the revenue equation. R(x) = b) Find the cost function. C(x): c) Calculate the number of tote bags needed to be sold to break-even. d) Calculate the income at the break-even (round off to the nearest cent). $ e) Plot the revenue and cost functions. 600- 550- 500 450 Revenue Cost($)
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