Mortimore’s Candy kitchen is undergoing a business review. The… Mortimore’s Candy kitchen is undergoing a business review. The Mathematical Analysts have determined that the Fixed Costs are $2000 per month. The median Variable Cost for the goods in the store are $0.80 and the Median price of a product in the store is $1.80. Write the Cost Function Write the Revenue Function Write the Profit Function Using Goal seek determine: What is the Break Even amount of candies manufactured and sold? How many candies need to be sold to make $1000 profit? How many candies give a revenue of $3000? How many candies require a total cost of $4000? How many candies will result in a loss of $1000? Business Economics ECON 310
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