Solve
SoundGen, Inc., is planning to manufacture a new type of MP3 player/cell
phone. The fixed costs for production are \(\$ 45,000\). The variable costs for
producing each unit are estimated to be \(\$ 40 .\) The revenue from each unit
is to be \(\$ 130 .\) Find the following.
a) The total cost \(C(x)\) of producing \(x \mathrm{MP} 3 /\) cell phones
b) The total revenue \(R(x)\) from the sale of \(x \mathrm{MP} 3 /\) cell phones
c) The total profit \(P(x)\) from the production and sale of \(x\) MP3/cell phones
d) The profit or loss from the production and sale of \(3000 \mathrm{MP} 3 /
\mathrm{cell}\) phones; of \(400 \mathrm{MP} 3 / \mathrm{cell}\) phones
e) The break-even point