Math:
At Fabulous Fabian's Bakery, The Cost, C, and revenue, R, to make and sell N cakes per month are given by the equations below.
C=800+3.20N and R=8.50N
a. Fabian sold 100 cakes in January. What were his cost and his revenue? Did he a make a profit?
b. In April, Fabian's revenue was $1105. How many cakes did he sell?
c.What was the cost of producing the number of cakes from part b?
d. what is the break-even point between cost and revenue?
e. In each equation, what information do the y- intercept and the coefficient of N give you?
2007-03-01
12:44:41
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