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Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 40c per copy. The Collegiate Investigat sells for 50c per copy. (a) Write down the associated cost function C(x) in dollars. C(x) = 40x + 68 Write down the revenue function R(x) in dollars. R(x) = 50x Write down the profit function P(x) in dollars. P(x) = 0.1x - 68 (b) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator? $ 18 (c) How many copies should be sold in order to break even? 680 copies

Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 40c per copy. The Collegiate Investigat sells for 50c per copy. (a) Write down the associated cost function C(x) in dollars. C(x) = 40x + 68 Write down the revenue function R(x) in dollars. R(x) = 50x Write down the profit function P(x) in dollars. P(x) = 0.1x - 68 (b) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator? $ 18 (c) How many copies should be sold in order to break even? 680 copies

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 40c per copy. The Collegiate Investigator sells for 50¢ per copy. (a) Write down the associated cost function C(x) in dollars. C(x) = 40x + 68 Write down the revenue function R(x) in dollars. R(x) = 50x Write down the profit function P(x) in dollars. P(x) = 0.1x – 68 (b) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator? $ 18 (c) How many copies should be sold in order to break even? 680 v copies
Transcribed Image Text:Your college newspaper, The Collegiate Investigator, has fixed production costs of $68 per edition and marginal printing and distribution costs of 40c per copy. The Collegiate Investigator sells for 50¢ per copy. (a) Write down the associated cost function C(x) in dollars. C(x) = 40x + 68 Write down the revenue function R(x) in dollars. R(x) = 50x Write down the profit function P(x) in dollars. P(x) = 0.1x – 68 (b) What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator? $ 18 (c) How many copies should be sold in order to break even? 680 v copies
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