a business owner pays $1,200 per month in rent and a total of $120 per hour in employee salary for each hour…

a business owner pays $1,200 per month in rent and a total of $120 per hour in employee salary for each hour the store is open. on average, the store brings in $200 in net sales per hour. which equations can be solved to determine the break - even point if $c(x)$ represents the cost function, $r(x)$ represents the revenue function, and $x$ the number of hours per month the store is open? $c(x)=1,200 + 120x; r(x)=200x$ $c(x)=1,200 + 120; r(x)=200x$ $c(x)=200x; r(x)=1,200 + 120x$ $c(x)=200x; r(x)=1,200 + 120$
Answer
Explanation:
Step1: Define cost function
Fixed - cost is $1200$ (monthly rent) and variable - cost is $120$ per hour. So $C(x)=1200 + 120x$.
Step2: Define revenue function
Net sales is $200$ per hour. So $R(x)=200x$.
Answer:
A. $C(x)=1200 + 120x; R(x)=200x$