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Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 4200 100x (demand) y = 110x A) 10, $3200 79) (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80 (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) = 1.70x + 600; 87 platens B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens Ive the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D

Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 4200 100x (demand) y = 110x A) 10, $3200 79) (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80 (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) = 1.70x + 600; 87 platens B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens Ive the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
Section6.2: Two-variable Linear Systems
Problem 9ECP
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Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and 79) x represents quantity. y = 4200 - 100x (demand) y = 110x A) 10, $3200 (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80) (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) 81) B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens = 1.70x + 600; 87 platens Solve the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D
Transcribed Image Text:Solve. 79) Find the equilibrium point for the given supply and demand functions. Here y represents price and 79) x represents quantity. y = 4200 - 100x (demand) y = 110x A) 10, $3200 (supply) B) 10, $2200 C) 38, $400 D) 20, $2200 80) Find the equilibrium point for the given supply and demand functions. Here y represents price and x represents quantity. y = 402 - 2x y = 3x - 473 A) 52, $175 80) (demand) (supply) B) 175, $52 C) -473, $402 D) 400, $476 81) Regrind, Inc. regrinds used typewriter platens. The variable cost per platen is $1.70. The total cost to regrind 110 platens is $600. Find the linear cost function to regrind platens. If reground platens sell for $8.60 each, how many must be reground and sold to break even? A) C(x) = 1.70x + 600; 59 platens C) C(x) 81) B) C(x) = 1.70x + 413; 60 platens D) C(x) = 1.70x + 413; 40 platens = 1.70x + 600; 87 platens Solve the problem. 82) A toilet manufacturer has decided to come out with a new and improved toilet. The fixed cost for the production of this new toilet line is $16,600 and the variable costs are $62 per toilet. The company expects to sell the toilets for $157. Formulate a function C(x) for the total cost of producing x new toilets and a function R(x) for the total revenue generated from the sales of x toilets. A) C(x) = 62x; R(x) = 157x C) C(x) = 16600 + 62x; R(x) = 157x B) C(x) = 16600 + 157x; R(x) = 62x D) C(x) = 16,662; R(x) = 157 %3D %3D
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