Your University magazine, The Indus Magazine, has fixed production costs of Rs.150000 per edition, and printing and distribution costs of Rs.50/copy. The Indus Magazine sells for Rs.150/copy. (10 Marks) a. Write down the associated cost, revenue, and profit functions.
b. What profit (or loss) results from the sale of 1000 copies of The Indus Magazine?
c. How many copies should be sold in order to break even?
d. Sketch the cost, revenue, and profit functions.