Cost and revenue functions and breaking point

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Reference no: EM13122984

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.

Reference no: EM13122984

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