(Solved): Rogers and Akridge of Purdue University studied fertilizer plants in Indiana. For a typical medium ...

Rogers and Akridge of Purdue University studied fertilizer plants in Indiana. For a typical medium-sized plant they estimated fixed costs at $$\$366,821$$ and estimated that it cost $$\$208.52$$ to produce each ton of fertilizer. The plant sells its fertilizer output at $$\$266.67$$ per ton. (a) Find the cost, revenue, and profit equations. (b) Find the break-even point.