Precalculus (6th Edition)

Published by Pearson
ISBN 10: 013421742X
ISBN 13: 978-0-13421-742-0

Chapter 2 - Graphs and Functions - 2.4 Linear Functions - 2.4 Exercises - Page 232: 78

Answer

(a) $2700+150x$ (b) $280x$ (c) $130x-2700$ (d) $21$ units. Yes.

Work Step by Step

Identify the given quantities: $C_f=2700, C_v=150, P_i=280$, we have: (a) the cost function: $C(x)=C_f+C_vx=2700+150x$ (b) the revenue function: $R(x)=P_ix=280x$ (c) the profit function: $P(x)=R-C=130x-2700$ (d) break-even point: $P(x)=0$ gives $x\approx21$ units. With the restriction that no more than 25 units can be sold, the product can be produced to make a profit.
Update this answer!

You can help us out by revising, improving and updating this answer.

Update this answer

After you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.