SOLUTION: 1. A company makes and sells video games. Each game sells for $8. The income, C dollars, from the sale of x games is given by C=8x. The cost to produce the games is given by C=4x+4

Algebra ->  Linear-equations -> SOLUTION: 1. A company makes and sells video games. Each game sells for $8. The income, C dollars, from the sale of x games is given by C=8x. The cost to produce the games is given by C=4x+4      Log On


   

Question 1136956: 1. A company makes and sells video games. Each game sells for $8. The income, C dollars, from the sale of x games is given by C=8x. The cost to produce the games is given by C=4x+48000.
a)graph both equations
b) Find the coordinates of the point of intersection
c) What do the number values in the coordinate pair represent
d) How many games must be sold before there is a profit?
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
A company makes and sells video games.
Each game sells for $8.
The income, C dollars, from the sale of x games is given by C=8x.
The cost to produce the games is given by C=4x+48000.
a)graph both equations
+graph%28+300%2C+200%2C+-6000%2C+20000%2C+-10000%2C+120000%2C+8x%2C+4x%2B48000%29+
b) Find the coordinates of the point of intersection
8x = 4x+ 48000
8x - 4x = 4800
4x = 48000
x = 48000/4
x = 12000 video games sold
y = 8(12000)
y = $96000 revenue from those games
c) What do the number values in the coordinate pair represent
x=12000, y=96000, represents the break-even point
d) How many games must be sold before there is a profit?
12001 games, you will make a $4 profit