SOLUTION: question 1048224 what is the liner profit equation and their break even level in a graph showing profit as a function of the number of units sold

Algebra.Com
Question 1048913: question 1048224 what is the liner profit equation and their break even level in a graph showing profit as a function of the number of units sold
Answer by josgarithmetic(39617)   (Show Source): You can put this solution on YOUR website!
Question 1048224: a company manufactures and sells bar stools. manufacturing costs consist of a fixed cost of R25 000 per month and a variable cost of R350 per unit. each unit is sold at R600.00.
determine the linear profit equation


Let x be number of units sold.

Cost, for a month,

Revenue,

PROFIT, p, is Revenue minus Cost.

simplifiable into .

Be aware, x is being used both for amount of units produced AND for amount of units sold. The equation only works well when amount sold and amount produced are the same.

Break-even point? When p=0.

RELATED QUESTIONS

a company manufactures and sells bar stools. Manufacturing costs consist of a fixed cost... (answered by josmiceli)
A company manufactures and sells novelty mugs. The manufacturing costs consist of a... (answered by robertb)
a company manufacture and sells novelty mugs.The manufacturing cost consist of a fixed... (answered by Theo)
The profit function for a company is given by the following nonlinear equation P(x) = 4x2 (answered by ikleyn,josgarithmetic)
A fruit juice company varies the price of its litre cartons to maximise profit. The... (answered by ikleyn)
A fruit juice company varies the price of its litre cartons to maximise profit. The... (answered by ikleyn)
The linear profit equation for a company that sells plastic airtight containers is... (answered by greenestamps)
The linear profit equation for a company that sells plastic airtight containers is... (answered by josmiceli)
A company manufactures and sells a male grooming kit consisting of a nail clipper, a... (answered by josmiceli)