College Algebra (6th Edition)

Published by Pearson
ISBN 10: 0-32178-228-3
ISBN 13: 978-0-32178-228-1

Chapter 5 - Systems of Equations and Inequalities - Exercise Set 5.1: 57

Answer

The company lost $6000

Work Step by Step

Plug 200 into both equations R(200) = 50(200) = 10000 C(200) = 10000 + 30(200) = 16000 R(200) - C(200) = -6000 The company lost $6000 by selling 200 radios. The negative number indicates a loss, because costs are higher than revenue.
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