SOLUTION: The revenue R from selling x units of a product is
R = 25.85x.
The cost C of producing x units is
C = 13.75x + 140,000.
In order to obtain a profit, the revenue must be greater
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Question 667010: The revenue R from selling x units of a product is
R = 25.85x.
The cost C of producing x units is
C = 13.75x + 140,000.
In order to obtain a profit, the revenue must be greater than the cost. For what values of x will the product return a profit? (Assume the product can only be sold in whole units. Round your answer up to the nearest whole number.)
x greater or equals to_____ units (round answer)
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
R = 25.85x.
C = 13.75x + 140,000.
R>c
25.85x>13.75x + 140,000.
25.85x-13.75x>140,000
12.10x>140,000
x>140000/12.1
x>11570.25
x>11571 units
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