SOLUTION: Frank makes and sells small picture frames.
His revenue from sales can be represented as R= $13.60x for x frames sold.
The cost of making the frames can be represented as C=
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His revenue from sales can be represented as R= $13.60x for x frames sold.
The cost of making the frames can be represented as C=
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Question 237730: Frank makes and sells small picture frames.
His revenue from sales can be represented as R= $13.60x for x frames sold.
The cost of making the frames can be represented as C= $5.80x + $120 for x frames made.
Determine the minimum number of frames Frank must make and sell in order for his revenue to be greater than his costs. Show your work or rpvide an explanation for your answer. Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Frank makes and sells small picture frames.
His revenue from sales can be represented as R= $13.60x for x frames sold.
The cost of making the frames can be represented as C= $5.80x + $120 for x frames made.
Determine the minimum number of frames Frank must make and sell in order for his revenue to be greater than his costs.
:
Find x where Rev is greater than cost;
R > C
13.60x > 5.80x + 120
13.60x - 5.80x > 120
7.8x > 120
x >
x > 15.4 frames
Therefore we can say he has to sell 16 frame to exceed his cost
;
We can prove this to ourselves:
13.6(16) = $217.60 is the revenue
5.8(16) + 120 = $212.80 is the cost, slightly less
;
:
That's not hard to understand is it?
