The cost and revenue functions for producing and selling x units of a product are given. Cost and revenue are expressed in dollars. C(x)=115x+90,360 R(x)=295x a. Find the number of units that must be produced and sold to break even. At this level, what is the dollar amount coming in and going out? b. Write the profit function from producing and selling x units of the product.
The cost and revenue functions for producing and selling x units of a product are given. Cost and revenue are expressed in dollars. C(x)=115x+90,360 R(x)=295x a. Find the number of units that must be produced and sold to break even. At this level, what is the dollar amount coming in and going out? b. Write the profit function from producing and selling x units of the product.
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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The cost and revenue functions for producing and selling x units of a product are given. Cost and revenue are expressed in dollars.
C(x)=115x+90,360
R(x)=295x
a.
|
Find the number of units that must be produced and sold to break even. At this level, what is the dollar amount coming in and going out?
|
b.
|
Write the profit function from producing and selling x units of the product.
|
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