Problem

(Modeling) Cost/Revenue/Profit Analysis For each situation, if x repre...

(Modeling) Cost/Revenue/Profit Analysis For each situation, if x represents the number of items produced, (a) write a cost function, (b) find a revenue function if each item sells for the price given, (c) state the profit function, (d) determine analytically how many items must be produced before a profit is realized (assume whole numbers of items), and (e) support the result of part (d) graphically.

The fixed cost is $2700, the cost to produce an item is $100, and the selling price of the item is $280.

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