A firm produces a product that has the production cost function C(x) = 420x + 14,420 and the revenue function R(x) = 560x. No more than 36 units can be sold. Find and analyze the break-even quantity, then find the profit function The break-even quantity is 103 units. (Type a whole number.) If the company can produce and sell no more than 36 units, should it do so? A. No. Since 36 is less than the break-even quantity, production of the product cannot produce a profit O B. No. Since 36 is equal to the break-even quantity, production of the product cannot produce a profit. O C. Yes Since 36 is less than the break-even quantity, production of the product can produce a profit. OD. Yes. Since 36 is greater than the break-even quantity, production of the product can produce a profit. Write the profit function P(x) =D
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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