Answer
a. $C(x)=100,000+100x$.
b. $R(x)=300x$.
c. $500$.
This means that the company will break even when they produce and sell 500 bikes.
Work Step by Step
a. We can write the cost function as $C(x)=100,000+100x$.
b. We can write the revenue function as $R(x)=300x$.
c. The break-even point can be found by letting
$R(x)=C(x)$ or $300x=100,000+100x$
which gives $x=500$.
This means that the company will break even when they produce and sell 500 bikes.
