The vending machine on the fourth floor of your building sells bottles of soft drink at a price of $1 per bottle. Let X denote the number of bottles of soft drink sold each week.
What is the revenue function: R(x) = ?
If the fixed cost for the owner of this vending machine is $125 per week, and the wholesale cost of each bottle is 50 cents, what is the total cost function: C(x) = ?
What is the profit function: P(x) = ?
What is the Break- Even Point: BEP = ?