Break-Even Analysis Your college newspaper, The Collegiate Investigator, h...

Break-Even Analysis Your college newspaper, The Collegiate Investigator, has fixed production costs of $70 per edition and marginal printing and distribution costs of 40¢ per copy. The Collegiate Investigator sells for 50¢ per copy.

a. Write down the associated cost, revenue, and profit functions. HINT [See Examples 1 and 2.]

b. What profit (or loss) results from the sale of 500 copies of The Collegiate Investigator?

c. How many copies should be sold in order to break even?Reference: Example 1

Reference: Example 2