SOLUTION: To produce x units of a religious medal costs C(x)=13x+44. The revenue is R(x)=24x. Both cost and revenue are in dollars.
a.Find the break-even quantity
b.Find the profit from 53
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-> SOLUTION: To produce x units of a religious medal costs C(x)=13x+44. The revenue is R(x)=24x. Both cost and revenue are in dollars.
a.Find the break-even quantity
b.Find the profit from 53
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Question 1047571: To produce x units of a religious medal costs C(x)=13x+44. The revenue is R(x)=24x. Both cost and revenue are in dollars.
a.Find the break-even quantity
b.Find the profit from 530 units.
c.Find the number of units that must be produced for a profit of $110. Found 2 solutions by Boreal, MathLover1:Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! Break even is when they are both equal.
13x+44=24x
11x=44; x=4 medals.
There, the cost and revenue are both $96.
From 530 units, the cost is 13(530)+44, and the revenue is 530(24)
This is also 530(24)-530(13)-44
That is 530(11)-44=5830-44=$5786
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Revenue must be 110 more than cost.
24x-110=13x+44
11x=154
x=14 medals
