Business: profit-and-loss analysis. A printing shop has fixed costs of $8000 for producing a newly designed note card. The variable costs are $0.08 per card. The revenue from each card will be $0.50. a. Find C ( x ) , the total cost of producing x cards. b. Find R ( x ) , the total revenue from the sale of x cards. c. Find P ( x ) , the total profit from the production and sale of x cards. d. How many cards must the company sell in order to break even?
Business: profit-and-loss analysis. A printing shop has fixed costs of $8000 for producing a newly designed note card. The variable costs are $0.08 per card. The revenue from each card will be $0.50. a. Find C ( x ) , the total cost of producing x cards. b. Find R ( x ) , the total revenue from the sale of x cards. c. Find P ( x ) , the total profit from the production and sale of x cards. d. How many cards must the company sell in order to break even?
Solution Summary: The author calculates the total cost C(x) of producing x cards if fixed cost for a newly designed note card is 8000
Business: profit-and-loss analysis. A printing shop has fixed costs of $8000 for producing a newly designed note card. The variable costs are $0.08 per card. The revenue from each card will be $0.50.
a. Find
C
(
x
)
, the total cost of producing x cards.
b. Find
R
(
x
)
, the total revenue from the sale of x cards.
c. Find
P
(
x
)
, the total profit from the production and sale of x cards.
d. How many cards must the company sell in order to break even?
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