Concept explainers
Break-even Point A manufacturer of T-shirts has fixed costs of $3500 per month. These are monthly costs that are incurred no matter how many T-shirts are produced. These are variable costs of $8 per T-shirt. That is, it costs $8 to produce each additional T-shirt. T-shirts sell for $10 each.
a. The cost function gives the cost
b. The revenue function gives the revenue
c. The break-even point is the number of T-shirts produced and sold that results in a net income of 0 dollars. That is when cost equals revenue. Find the break-even point for this manufacturer.
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Webassign Printed Access Card For Crauder/evans/noell's Functions And Change: A Modeling Approach To College Algebra, 6th Edition, Single-term
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