C.] (a) Write the cost function, C(x); (b) Write the revenue function, R(x); & (c) Determine the break-even point. Describe what this means.
[7.] A Company that manufactures lawn mowers has a fixed cost of $240,000. It costs $200 to produce each mower. The selling price is $500 per mower. (Let x represent the number of mower produced and sold.)