K-The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must beproduced to break evenRox)-200x-x²; C(x)=60x+2400; 0sxs 100The manufacturer must produce units to break even.

The given revenue function is Rx=200x-x2 and the cost function is Cx=60x+2400, where x is the number…

Answered: The revenue function R(x) and the cost…

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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4. It costs C(x) = 112 + 1.4x dollars to produce x Specialty Hair Ribbons. To sell x Specialty Hair Ribbons, the price should be set at p(x) = 18 - 0.2x. a.Find the revenue function R(x) and the profit function P(x) when the manufacturer makes and sells x ribbons. Simplify your functions. R(x) P(x) b. How many ribbons should be made and sold to break even? Round your answers) to the nearest whole number and include units. What profit (or loss) does the manufacture incur when they make and sell 32 ribbons? Circle profit or loss and fill in the blank below rounding to the nearest whole dollar. At a production level of 32 Ribbons, they have a profit / 1OSS of
A company sells its product for $53 each. They can produce each product for $27 each and they have fixed costs of $8,700. Using x to represent the number of items produced/sold, find the following functions: Cost function: C(x)=
A small business's cost to produce I units of a new product is given by C(x) = -0.001x² + 4x+506 dollars. The business earns a revenue of R(x) 4x dollars from selling I units. Determine the marginal profit of the %D business at a production level of 306 units. Enter your answer to the nearest whole number.
A basic cellular package costs $20/month for 60 minutes of calling with an additional charge of $0.20/minute beyond that time. The cost function C (r) for using a minutes would be • If you used 60 minutes or less, i.e. if if a < 60, then C (x) = 20 (the base charge). . If you used more than 60 minutes, i.e. (r - 60) minutes more than the plan came with, you would pay an additional $0.20 for each of those (z - 60) minutes. Your total bill would be C(x)=20+0.20 (2- 60). If you want to keep your bill at $50 or lower for the month, what is the maximum number of calling minutes you can use? The maximum calling minutes you can use is Number O Σ D A Submit Assignment O minutes. Quit & Save Back Question Menu - Next Nov 10 4:21 US:

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