A company produces very unusual CD's for which the variable cost is $ 16 per CD and the fixed costs are $ 50,000. They will sell the CD's for $ 97 each. Let
x
be the number of CD's produced and sold.
a. Write the total cost
T
C
as a function of the number of CD's produced and sold.
T
C
=
$
b. Write the total revenue
T
R
as a function of the number of CD's produced and sold.
T
R
=
$
c. Write the total net income
N
I
as a function of the number of CD's produced and sold.
N
I
=
$
d. Find the number of CD's which must be produced and sold to breakeven.
The number of CD's which must be produced and sold to breakeven is