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A Naples boat manufacturer, finds that its variable cost (V) is the following function of number of boats produced per month (B): V = 2000B2 ƒÂa€sÂa‚Å“ 30,000B Even if the business builds no boats, it still has overhead costs of $1,000,000 each month. Customers are charged a price (P), where P = $60,000 per boat. Based on this information, find the following: a) What is the formula for Total Revenue and Total Cost? b) Determine the Profit function c) Find the breakeven quantity(s) ƒÂa€sÂa‚Å“ pay attention here (Hint: there are more than one breakeven points. I just want one. Find it by trial and error, using increments of 10 boats per try).

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