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Tiny Toys Is Going to Produce a Toy Race Car $378\$ 378

Question 84

Essay

Tiny Toys is going to produce a toy race car version of the new Volkswagen Bug. The overhead for the project is $378\$ 378 . Each toy Bug costs $1.25\$ 1.25 to make.
(a) Write a cost function CC , where xx represents the number of toy Bugs manufactured.
(b) Find the revenue function RR , if each toy Bug in part (a) sells for $3.00\$ 3.00 .
(c) Give the profit function PP .
(d) How many toy Bugs must be produced and sold before Tiny Toys earns a profit?
(e) Support the results of part (d) graphically.

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