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A company produces lamps, for which the variable cost is $7 per lamp and the fixed costs are $25000. They will sell the lamps for $80 each. Let æ be the number of lamps produced. a) Write an expression to represent the total cost. C(x) = b) Write an expression to represent the total revenue. R(x) = c) Find the number of lamps which must be produced to break even.

A company produces lamps, for which the variable cost is $7 per lamp and the fixed costs are $25000. They will sell the lamps for $80 each. Let æ be the number of lamps produced. a) Write an expression to represent the total cost. C(x) = b) Write an expression to represent the total revenue. R(x) = c) Find the number of lamps which must be produced to break even.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A company produces lamps, for which the variable cost is $7 per lamp and the fixed costs are $25000. They will sell the lamps for $80 each. Let be the number of lamps produced. a) Write an expression to represent the total cost. C(x) = b) Write an expression to represent the total revenue. R(x) = c) Find the number of lamps which must be produced to break even.
Transcribed Image Text:A company produces lamps, for which the variable cost is $7 per lamp and the fixed costs are $25000. They will sell the lamps for $80 each. Let be the number of lamps produced. a) Write an expression to represent the total cost. C(x) = b) Write an expression to represent the total revenue. R(x) = c) Find the number of lamps which must be produced to break even.
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