(Solution Library) The XYZ Company can sell 10,000 units of steel for $500,000. The cost of these units is $600,000. The company can sell 25,000 units for $1,250,000
Question: The XYZ Company can sell 10,000 units of steel for $500,000. The cost of these units is $600,000. The company can sell 25,000 units for $1,250,000 and these cost $1,050,000. Assuming there is a linear relationship between these variables:
- Find the revenue, cost and profit functions.
- Find the breakeven point and graph the revenue and cost functions for 0 ≤ X ≤ 30000.
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