49.5 of 85 points
O Points: 0 of 4
An entrepreneur invests in a new play. The cost includes an overhead of $31,850 plus production costs of $2200 per performance. A sold-out performance brings in $2850. Assume every
performance is sold out, and let x represent the number of sold-out performances.
a. Write the cost function, C.
C(x)=31850+2200x (Type an expression using x as the variable.)
b. Write the revenue function, R.
R(x)=2850x (Type an expression using x as the variable.)
c. Determine the break-even point.
(49,139650) (Type an ordered pair. Do not use commas in large numbers.)
Describe what the break-even point means. Select the correct choice below and fill in the answer box to complete your choice.
OA. For sold-out performances, both cost and revenue are ???
B. For sold-out performances, the loss is $ ????
C. For sold-out performances, the gain is $???