The total revenue function for a product is given by R = 590x dollars, and the total cost function for this same product is given by a. Write the profit function. P(x) = (Simplify your answer.) C = 15,000 + 60x+x, where C is measured in dollars. For both functions, the input x is the number of units produced and sold. a. Form the profit function for this product from the two given b. When 25 units are produced and sold, there is a of S functions. b. What is the profit when 25 units are produced and sold? c. What is the profit when 37 units are produced and sold? d. How many units must be sold to break even on this product? (Simplify your answer.) c. When 37 units are produced and sold, there is a V of S (Simplify your answer.) d. The number of units that must be sold to break even on this product is (Simplify your answer. Use a comma to separate answers as needed.)
The total revenue function for a product is given by R = 590x dollars, and the total cost function for this same product is given by a. Write the profit function. P(x) = (Simplify your answer.) C = 15,000 + 60x+x, where C is measured in dollars. For both functions, the input x is the number of units produced and sold. a. Form the profit function for this product from the two given b. When 25 units are produced and sold, there is a of S functions. b. What is the profit when 25 units are produced and sold? c. What is the profit when 37 units are produced and sold? d. How many units must be sold to break even on this product? (Simplify your answer.) c. When 37 units are produced and sold, there is a V of S (Simplify your answer.) d. The number of units that must be sold to break even on this product is (Simplify your answer. Use a comma to separate answers as needed.)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.CR: Chapter Review
Problem 16E: Digital cameras A company that produces and sells digital cameras has determined that the total...
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