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    A novice inventor has invented an exciting new toy for dogs.

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    A novice inventor has invented an exciting new toy for dogs. He believes it will cost him $.95 per toy to produce these doggy marvels. Unfortunately, to get mass-producing these items, he has had to spend $6000 of his hard earned money and countless hours observing animals. He plans on selling the toys for $1.69 each.

    a.) Find and equation for the total cost C, and the total revenue R for selling x units of the toy

    b.) Find the number of these toys he must produce to break-even

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    Solution Preview

    (a) Suppose the novice sells x unites of the toy. Each toy costs him $0.95. He has to spent ...

    Solution Summary

    This solution is comprised of a detailed explanation to

    a.) Find and equation for the total cost C, and the total revenue R for selling x units of the toy

    b.) Find the number of these toys he must produce to break-even

    $2.49

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