Course H Assignmer Study Pla Quiz: Quiz on 1.1 and T.2 This Question: 1 pt 9 of

Question

Course H Assignmer Study Pla Quiz: Quiz on 1.1 and T.2 This Question: 1 pt 9 of 10 (2 complete) Gradeboo Chapter d Tools for S Mult To produce x units of a religious medal costs C(x)=15x+42. The revenue is R(x)-29x. Both cost and revenue are in dollars a. Find the break-even quantity b. Find the profit from 290 units. c. Find the number of units that must be produced for a profit of $140 a.11 units is the break-even quantity. (Type an integer) b, The profit for 290 units iss Purchase! Discussion units make a profit of $140. (Type an integer) Course To

Explanation / Answer

(a) Break even quantity is where revenue and cost are same

C(x) = R(x)

15x + 42 = 29x

14x = 42

x = 3

so answer is 3 quantity

(b)

profit p(x) = R(x) - C(x) = 29x - 15x - 42 = 14x - 42 = 14(x-3)

p(290) = 14 (290 - 3) = 14*287 = 4,018

(c)

p(x) = 140 = 14 (x-3)

x - 3 = 10

x = 13

so answer is 13

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