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Solve the Problem C(x)=56,000+5000xC ( x ) = 56,000 + 5000 x

Question 76

Multiple Choice

Solve the problem.
-Steve invests in a circus production. The cost includes an overhead of $56,000, plus production costs of $5000 per performance. A sold-out performance brings in $13,000. Let x represent the number of sold-out
Performances and write the cost function, C and revenue function, R.


A) C(x) =56,000+5000xC ( x ) = 56,000 + 5000 x
R(x) =13,000xR ( x ) = 13,000 x
B) C(x) =56,000+13,000xC ( x ) = 56,000 + 13,000 x
R(x) =5000xR ( x ) = 5000 x
C) C(x) =5000xC ( x ) = 5000 x
R(x) =56,000+13,000xR ( x ) = 56,000 + 13,000 x
D) C(x) =56,000x+5000C ( x ) = 56,000 x + 5000
R(x) =13,000xR ( x ) = 13,000 x

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