The monthly revenue R achieved by selling x wrist watches is figured to be R(x) = 75x – 0.2×2. The monthly cost of selling x wrist watches is C(x) = 32x + 1750.Answer the following questions and incorporate your answers into a word-processed report. The sections of the report should correspond to the individual questions below.a) Find the breakeven point(s). b) By plotting the revenue and cost functions, obtain the Break-even output levels and corresponding price (use graph paper)c) Generate the profit function for the company and find, i. The level production that maximizes the profit. ii. The maximum profit.
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