United Produce Total Cost
500 $256,160
1000 $277,320
1500 $298,480
2000 $319,640
Selling Price $50
A. GRAPH THE DATA
B. What is your visual estimate of the y-intercept?
C. GRAPH C (X) on the data graph from part (a).
D. Find the equation for C(X).
E. What is the fixed cost and variable cost for this production?
F. Find the equations for R(x) and P(x).
G. What is the break-even point?
H. Graph P(x), R(x), and C(x) on the same set of axis. Graph and label the intersection point.