If x represents the number of items produced, (a) write a cost function, (b) find a revenue function if each item sells for the price given, (c) state the profit function, (d) determine analytically how many items must be produced before a profit is realized (assume whole numbers of items), and (e) support the results of part (d) graphically. The fixed cost is $600, the cost to produce an item is $25, and the selling price of the item is $50. (a) The cost function is C(x) = (Simplify your answer. Do not factor.) (b) The revenue function is R(x) = (Simplify your answer. Do not factor.) (c) The profit function is P(x) = - (Simplify your answer. Do not factor.)
If x represents the number of items produced, (a) write a cost function, (b) find a revenue function if each item sells for the price given, (c) state the profit function, (d) determine analytically how many items must be produced before a profit is realized (assume whole numbers of items), and (e) support the results of part (d) graphically. The fixed cost is $600, the cost to produce an item is $25, and the selling price of the item is $50. (a) The cost function is C(x) = (Simplify your answer. Do not factor.) (b) The revenue function is R(x) = (Simplify your answer. Do not factor.) (c) The profit function is P(x) = - (Simplify your answer. Do not factor.)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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
Transcribed Image Text:If x represents the number of items produced, (a) write a cost function, (b) find a revenue function if each item sells for the price given, (c)
state the profit function, (d) determine analytically how many items must be produced before a profit is realized (assume whole numbers of
items), and (e) support the results of part (d) graphically.
The fixed cost is $600, the cost to produce an item is $25, and the selling price of the item is $50.
(a) The cost function is C(x) =
(Simplify your answer. Do not factor.)
(b) The revenue function is R(x)=
(Simplify your answer. Do not factor.)
(c) The profit function is P(x) =
(Simplify your answer. Do not factor.)
←
(d) At least items must be produced before a profit is shown.
(Type a whole number.)
(e) Choose the correct graph to the right.
O A.
2100
O C.
Dollars
Items produced
2100
Items produced
Q
O B.
2100
O D.
Dollars
2100
Items produced
Items produced
Q
✔
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