An accessory shop estimated that to produce one unit of a product the cost for raw materials is RM15. The fixed cost is RM5 000. The product is sold for RM25 per unit.
a. Find the profit function, P(x), where x is the number of units of the product.
b. Find the break-even point.
c. How much was the profit/loss if 350 units were sold.
d. Sketch the graph of the cost function, C(x) and the revenue function, R(x). Indicate the break-even point and shade the profit and loss areas.
please help me to answer a,b,c and d.