Rasputins sells CDs for a particular artist. They have advertising costs of
$3500
and recording costs of
$9000
. Their cost for manufacturing, royalties, and distribution are
$5.50
per CD. They sell the CDs to Wow-Mart for
$7.20
each. Make Sure to write answers in full sentences when necessary. a) What are the fixed costs? b) What are the variable costs? c) What is the cost function for
x
CDs? d) What is the revenue function? e) How many CDs must the company sell to break even? (round to nearest whole number)