SOLUTION: A company makes pens. They sell each pen for $ 11 . Their revenue is represented by R = 11 x . The cost to make the pens is $ 3 each with a one time start up cost of

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Question 1187112: A company makes pens. They sell each pen for $
11
.
Their revenue is represented by R = 11 x .
The cost to make the pens is $
3
each with a one time start up cost of $
5000
.
Their cost is represented by C = 3 x + 5000 .
a) Find the profit, P, (P = R - C) when the company sells 1000 pens.
i tryed and kept getting it wrong i did all the math the way my teacher showed and am still failing. my work; 1000x11-8000

Answer by ikleyn(52802)   (Show Source): You can put this solution on YOUR website!
.
A company makes pens. They sell each pen for $11.
Their revenue is represented by R = 11x dollars.
The cost to make the pens is $3 each with a one time start up cost of $5000.
Their cost is represented by C = 3x + 5000 .
a) Find the profit, P, (P = R - C) when the company sells 1000 pens.
i tryed and kept getting it wrong i did all the math the way my teacher showed and am still failing. my work; 1000x11-8000
~~~~~~~~~~~~~~~~~~

    Profit P = R - C = 11x - (3x + 5000) = calculate it at x= 1000 = 11*1000 - (3*1000 + 5000) = 11000 - 8000 = 3000 dollars.    ANSWER

Solved.

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