The lawn chair manufacturer has the fixed cost of $105 and the variable cost of $216 for every item produced during a given month.
a. Write equation which represents total cost.
b. Compute the marginal cost, and what does it signify in terms of manufacturing lawn mowers?
c. If revenue equation is R = 595x, determine profit equation. Simplify profit equation.
d. Determine profit if 100 lawn chairs are made and sold.
e. Compute the break even point.