SOLUTION: The revenue for selling x units of a product is R=40x. The cost of producing x units is C=20x+10500. In order to obtain a profit, the revenue must be greater than the cost, so we
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Question 337571: The revenue for selling x units of a product is R=40x. The cost of producing x units is C=20x+10500. In order to obtain a profit, the revenue must be greater than the cost, so we want to know, for what values of x will this product return a profit.
To obtain a profit, the number of units must be greater than..R=40X R=C
C= 20X+10500
40X=20X+10500
20X=105000
X=525 MUST SELL MORE THAN TO MAKE A PROFIT
Answer by chiexpert(48) (Show Source): You can put this solution on YOUR website!
R=40X R=C
C= 20X+10500
40X=20X+10500
20X=105000
X=525 MUST SELL MORE THAN TO MAKE A PROFIT
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