Mathematics, 05.04.2021 01:00 ttkkbffl
The Coffee River House sells their upscale roasted blend for $7 per pound. The cost in producing each pound of this blend is C(x) = 160 + 3x. Let x be the number of pounds of their roasted blend produced and sold.
a) What is the revenue function, R(x)?
b) What is the profit function, P(x)?
c) What is the break-even quantity in pounds?
d) What is the revenue at the break-even quantity?
e) At what quantity is the average profit per pound $2.40?
Answers: 2
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