SOLUTION: A factory produces products A and B. Product A makes a profit only after 500 items have been sold, after which a profit of $20 per item is made. Product B makes a profit of $10 on
Question 1117762: A factory produces products A and B. Product A makes a profit only after 500 items have been sold, after which a profit of $20 per item is made. Product B makes a profit of $10 on the sale of each item.
a) Draw a graph of Profit v. Number of Products, clearly showing this information.
b) What profit is made on the sale of 1500 items of:
i. Product A?
ii Product B?
c) How many items of each product are sold if the profits from each are equal?
d) How many items of each product must be sold to make a profit of $8000?