Solution-Cost of production function

Cost of production function

Reference no: EM131208543

A camera factory has fixed production cost of $50,000 plus $75 for each camera produced. Its cost of production function can be written as C(x) = 75x + 50,000.

The company decides to sell each camera for $325, so its revenue function can be written as R(x) =325x.

How many cameras must the company sell at $325 per camera in order to "break even"?

Reference no: EM131208543

Questions Cloud

Advantages and disadvantages of using flemish bond : What are the advantages and disadvantages of using flemish bond?

Journalize the necessary adjusting entry : There was a $2,000 balance in the supplies account at the beginning of the period. During the period, the supplies account was increased by $4,000 for supplies purchased. At the end of the period before adjustment, $1,000 of supplies were on hand. Jo..

Develop a campaign name suggest marketing materials : Include the revised three to five major goals with tactics and a completed set of template sheets (included in the Resources) outlining responsibilities and timelines. Include a reasonable estimation of budgetary requirements.

Compute the developed torque : While the torque is unchanged, the voltage is changed to reduce the speed of the motor to 520 rpm. Compute the new voltage.

Cost of production function : A camera factory has fixed production cost of $50,000 plus $75 for each camera produced. Its cost of production function can be written as C(x) = 75x + 50,000.

Write an essay and explain the consequences of poor grammar : Write an essay and, explain the consequences of poor grammar.- Response should include the consequences for the writer and the business he or she represents.

Compute the developed force of the motor at steady-state : A train with linear induction motor is traveling uphill at 80 km/h when the frequency of its primary windings is 15Hz. The inclination of the hill is 5°.

Determine which is more important in managed care : Determine which is more important in managed care, the capital and organizational ability of the hospital/managed care organization, or the physician’s ability to effectively manage patient care from a hospital’s profitability perspective

Uses the straight-line amortization method : On January 1, 2016, Zebra Corporation issued 1,400 of its 11%, $1,000 bonds at 98.5. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2026. Zebra paid $55,000 in bond issue costs. Zebra uses the straight-line a..

User Account

All Pages

Cost of production function

Reference no: EM131208543

Reference no: EM131208543

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Find the variance for the given data

Evaluate the projected population at the beginning

Source of supply and admiration again

What was the speed on each part of the trip

State how many miles per day will have to be driven

How much does a buffet dinner for 8 cost

Draw the t distribution and place the hypothesized value

Utilize a rational expression to represent the sum

Find a general equation for the plane

Why does math exist

Find the vertical and horizontal asymptotes of the

Find the fifth maclaurin polynomial for given function

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT