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A business owner used a revenue function and a cost function to analyze his monthly sales. One month he found that with a sales volume of 600 items...
A business owner used a revenue function and a cost function to analyze his monthly sales. One month
he found that with a sales volume of 600 items he had revenues of $54,000.
Another month he had
total costs of $20,800 on a sales volume of 400 items. He also finds that the breakeven point is 20
items.
a.
Find the revenue function.
b.
Find the cost function.