You invest in a new play. The cost includes an overhead of $22,500, plus production costs of $2500 per performance. A sold-out performance brings in $3125. (In solving this exercise,
Klet x represent the number of sold-out performances.)
a. Write the cost function, C.
b. Write the revenue function, R.
c. Determine the break-even point. Describe what this means.
5
a. Write the cost function, C.
C(x)-
(Type an expression using x as the variable.)