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To produce x units of a religious medal costs C(x)= 16x+63. The revenue is R(x) = 25x. Both cost and revenue are in dollars. m. Find the break-even quantity. b. Find the profit from 320 units. c. Find the number of units that must be produced for a profit of $90.

To produce x units of a religious medal costs C(x)= 16x+63. The revenue is R(x) = 25x. Both cost and revenue are in dollars. m. Find the break-even quantity. b. Find the profit from 320 units. c. Find the number of units that must be produced for a profit of $90.

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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To produce x units of a religious medal costs C(x) = 16x + 63. The revenue is R(x) = 25x. Both cost and revenue are in dollars. a. Find the break-even quantity. b. Find the profit from 320 units. c. Find the number of units that must be produced for a profit of $90.
Transcribed Image Text:To produce x units of a religious medal costs C(x) = 16x + 63. The revenue is R(x) = 25x. Both cost and revenue are in dollars. a. Find the break-even quantity. b. Find the profit from 320 units. c. Find the number of units that must be produced for a profit of $90.
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