Determine the break-even point

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Reference no: EM13191757

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.

1. Write the cost function, C.
2. Write the revenue function, R.
3. Determine the break-even point. Describe what this means.

Reference no: EM13191757

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