document.write( "Question 106430: The CALC Company makes basic scientific calculators. Each calculator costs $2.25 to produce. The fixed costs of production are $10,500 per month. These calculators sell for $10.75 each. If the company produces and sells 550,000 calculators in February, find the profit or loss for the company for the month of February. \n" ); document.write( "
Algebra.Com's Answer #77433 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! The CALC Company makes basic scientific calculators. Each calculator costs $2.25 to produce. The fixed costs of production are $10,500 per month. These calculators sell for $10.75 each. If the company produces and sells 550,000 calculators in February, find the profit or loss for the company for the month of February. \n" ); document.write( "----------- \n" ); document.write( "Let \"x\" be the number of calculators produced in a month. \n" ); document.write( "--------- \n" ); document.write( "Cost function: C(x) = 10,500+2.25x \n" ); document.write( "Income function: I(x) = 10.75x \n" ); document.write( "------------------- \n" ); document.write( "February DATA: \n" ); document.write( "C(550,000) = 10500+2.25(550000) = 1,248,000 \n" ); document.write( "I(550,000) = 10.75(550000) = $5,912,500 \n" ); document.write( "--------- \n" ); document.write( "Profit function: P(x) = I(x)-C(x) \n" ); document.write( "P(550,000) = 5912500-1248000= $4,664,500 \n" ); document.write( "============ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |