SOLUTION: Suppose that for a certain company, C(x)equals15xplus2200 represents the total cost function, and R(x)=40x represents the total revenue function.
(a) Find the t
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-> SOLUTION: Suppose that for a certain company, C(x)equals15xplus2200 represents the total cost function, and R(x)=40x represents the total revenue function.
(a) Find the t
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Question 1142156: Suppose that for a certain company, C(x)equals15xplus2200 represents the total cost function, and R(x)=40x represents the total revenue function.
(a) Find the total-profit function
(b) Find the break-even point. Answer by ikleyn(52803) (Show Source):
(a) the total profit function is
P(x) = R(x) - C(x) = 40x - (15x + 2200).
(b) The break-even point is the solution of the equation
R(x) = C(x), or
40x = 15x + 2200,
40x - 15x = 2200
25x = 2200
x = 2200/25 = 88. ANSWER