A multimedia company produces DVDs. It estimates their cost function to be: C(x) = 12.2 x + 48,052 The DVD is sold to retail outlets and the revenue function is: R(x) = 17.78 x Both C(x) and R(x) are in dollars and x = number of DVDs manufactured and sold. How many DVDs must be manufactured and sold in order for the company to break even? (Round to the nearest whole number).

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 44CR
icon
Related questions
icon
Concept explainers
Question

A multimedia company produces DVDs. It estimates their cost function to be:

C(x) = 12.2 x + 48,052

The DVD is sold to retail outlets and the revenue function is:

R(x) = 17.78 x

Both C(x) and R(x) are in dollars and x = number of DVDs manufactured and sold.

How many DVDs must be manufactured and sold in order for the company to break even? (Round to the nearest whole number).

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Application of Differentiation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9781285195728
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell