Answered: Manufacturing. Bright Ideas is planning…

Name: Manufacturing. Bright Ideas is planning to make a new kind of lamp. Fi
Uploaded: 2024-03-20T07:07:26.000Z
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Description: Manufacturing. Bright Ideas is planning to make a new kind of lamp. Fixed costs are $90,000, and variable costs are $25 per lamp. The total-cost function for x lamps is C1x2 = 90,000 + 25x. The company makes $48 in revenue for each lamp sold. The tot

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

Section: Chapter Questions

Problem 17T: A T-shirt company can produce and sell x T-shirts per day. The total cost C (in dollars) for...

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Manufacturing. Bright Ideas is planning to make a new kind of lamp. Fixed costs are $90,000, and variable costs are $25 per lamp. The total-cost function for x lamps is C1x2 = 90,000 + 25x. The company makes $48 in revenue for each lamp sold. The total-revenue function for x lamps is R1x2 = 48x. a) When R1x2 6 C1x2, the company loses money. Find the values of x for which the company loses money. 5x x 6 3913 1 236, or 5x x … 39136 b) When R1x2 7 C1x2, the company makes a profit. Find the values of x for which the company makes a profit.

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