Question
A company that manufactures small canoes has a fixed cost of $ 16000. It costs $...
A company that manufactures small canoes has a fixed cost of $ 16000. It costs $ 100 to produce each canoe. The selling price is $ 200 per canoe. (In solving this exercise, let x represent the number of canoes produced and sold.) Write the cost function. write the revenue function. determine the break even point, type and ordered pair. what happens when the company produces and sells the break even number of canoes?
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Number of canoes produced and sold 550 750 900 total costs variable costs 104,500 142,500 171,000...
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