Share
Explore BrainMass

Cost and Revenue Functions and Breaking Point

1. A company that manufactures bicycles has a fixed cost of $ 100,000. It costs $ 100 to produce each bicycle. The selling price per bike is $ 300.

a) Write the cost function, C.
b) Write the revenue function, R
c) Determine the breaking point. Describes what this means.

Solution Preview

1. A company that manufactures bicycles has a fixed cost of $ 100,000. It costs $ 100 to produce each bicycle. The selling price per bike is $ 300.

a) Write the cost function, ...

Solution Summary

Cost and Revenue Functions and Breaking Point are investigated.

$2.19