the revenue function for making the worst widget is r(x)= 15.01x-100. The cost function for producing this product is represented by the function C(x)=15x+19900. The worst widget makers turn out 500,000 widgets every year. how many years will pass before the worst widget company is

the revenue function for making the worst widget is r(x)= 15.01x-100. The cost function for producing this product is represented by the function C(x)=15x+19900. The worst widget makers turn out 500,000 widgets every year. how many years will pass before the worst widget company is

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter8: Cost Analysis

Section: Chapter Questions

Problem 9E

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Question

the revenue function for making the worst widget
is r(x)= 15.01x-100. The cost function for producing
this product is represented by the function
c(x)=15x+19900. The worst widget makers turn out
500,000 widgets every year. how many years will
pass before the worst widget company is
profitable?

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