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a company sells eyeglasses. The company incurs a one-time fixed cost for $250,000. Each eyeglasses costs...

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Advance Math

a company sells eyeglasses. The company incurs a one-timefixed cost for $250,000. Each eyeglasses costs $140 to produce, andsells for $160.
a. Find the cost function, C, to produce x eyeglasses, indollars.
b. Find the revenue function, R, from the sales of xeyeglasses, in dollars.
c. Find the break-even point, the point of intersection of thetwo graphs C and R.
d. What does the break even point mean?
e. Is this a lucrative way to earn money? explain.

Answer & Explanation Solved by verified expert
3.6 Ratings (303 Votes)
one time fixed cost 250000 Selling price of one unit eyeglass 160 Cost price of unit eyeglass 140 a To produce x eyeglass Fixed cost 250000 Cost price of x eyeglasses xCost    See Answer
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