Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. the total revenue function for a product is given

The total revenue function for a product is given by R = 520x dollars, and...

80.2K

Verified Solution

Question

Basic Math

image

The total revenue function for a product is given by R = 520x dollars, and the total cost function for this same product is given by C= 16,000+80x + x, where C is measured in dollars. For both functions, the input x is the number of units produced and sold.a. Form the profit function for this product from the two given functions.b. What is the profit when 31 units are produced and sold?c. What is the profit when 46 units are produced and sold?d. How many units must be sold to break even on this product?a. Write the profit function.P(x) =(Simplify your answer.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Due to erratic sales of its sole product—a high-capacity batteryfor laptop computers—PEM, Inc., has...

Accounting
Q

Give the name of cranial nerve X and one of its functions. Give the name and number...

Medical Sciences
Q

Alcoholic quizz Can you please select A, B, C OR D in the following multiple choice question....

Medical Sciences
Q

Please, explain are the benefits of analytical applications easily quantifiable?

General Management
Q

Consider a hypothetical annihilation of a stationary electron with a stationary positron What is the...

Physics
Q

As shown in the figure there are three masses m 2m and 3m kept at...

Physics
Q

In Exercises 39 42 compute the Taylor polynomial indicated and use the Error Bound to...

Calculus
Q

doubling time of 23 3 years Calculate the growth rate Doubling time 70 growth rate...

Algebra
Q

Determine the coefficient of the term 6x The officient in

Algebra
Q

Analyze the following T-accounts to determine the amount of direct and indirect materials used. ...

Accounting
Q

Pharoah Company Income Statement For the Year Ended December 31, 2027 Net sales Cost of...

Accounting
Q

You are a bank manager and must advise a customer on what they would have...

Accounting