Business: profit-and-loss analysis. The band Soul Purpose has fixed costs of $4000 for producing a new CD. Thereafter, the variable costs are $0.50 per CD, and the CD will sell for $10. [R.4] a. Find and graph C ( x ) , the total cost of producing x CDs. b. Find and graph R ( x ) , the total revenue from the sale of x CDs. Use the same axes as in part (a) c. Find and graph P ( x ) , the total profit from the production and sale of x CDs. Use the same axes as in part (b). d. How many CDs must the band sell m order to break even?
Business: profit-and-loss analysis. The band Soul Purpose has fixed costs of $4000 for producing a new CD. Thereafter, the variable costs are $0.50 per CD, and the CD will sell for $10. [R.4] a. Find and graph C ( x ) , the total cost of producing x CDs. b. Find and graph R ( x ) , the total revenue from the sale of x CDs. Use the same axes as in part (a) c. Find and graph P ( x ) , the total profit from the production and sale of x CDs. Use the same axes as in part (b). d. How many CDs must the band sell m order to break even?
Solution Summary: The author explains how to graph the total cost of producing x number of CDs. The fixed cost is 4000, the variable costs are 0.50 and the selling price is 10.
Business: profit-and-loss analysis. The band Soul Purpose has fixed costs of $4000 for producing a new CD. Thereafter, the variable costs are $0.50 per CD, and the CD will sell for $10. [R.4]
a. Find and graph
C
(
x
)
,
the total cost of producing x CDs.
b. Find and graph
R
(
x
)
,
the total revenue from the sale of x CDs. Use the same axes as in part (a)
c. Find and graph
P
(
x
)
,
the total profit from the production and sale of x CDs. Use the same axes as in part (b).
d. How many CDs must the band sell m order to break even?
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