The graph to the right shows theprofit, P(x), given by the red dashed line,the revenue R(x), given by the black dot-dashed line,and the production cost, C(x), given by the blue solid line,780660-when a company produces and sells x units of an item.(a) Find formulas for each line.(b) Find the break-even quantity.(c) Give the cost to the company to produce each item.(d) Give the unit price of each item to the consumer.390-12015304560-120(a) Find formulas for each line.P(x) =(Report the equation of the red dashed graph. Your answer contains real numbersand the variable x.)R(x)(Report the equation of the black dot-dashed graph. Your answer contains realnumbers and the variable x.)C(x) =(Report the equation of the blue solid graph. Your answer contains real numbers andthe variable x.)(b) How many quantities must be produced for the company to break even?The break-even quantity is the number of units that are sold for revenue to equal costs.They must sell Numberunits in order to break even.(c) How much does it cost the company to produce each item? $ Numberper unit.(d) At what price does the company sell each item to the consumer? $ Numberper unit.

Name: The graph to the right shows theprofit, P(x), given by the red dashed
Uploaded: 2024-03-20T07:07:26.000Z
Channel: Bartleby
Description: The graph to the right shows theprofit, P(x), given by the red dashed line,the revenue R(x), given by the black dot-dashed line,and the production cost, C(x), given by the blue solid line,780660-when a company produces and sells x units of an item.(