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anonymous

  • 5 years ago

if x represents the number of items produced, write a cost function, a revenue function and determine anatically how many items must be produced before a profit is shown. The fixed cost is $500, te cost to produce one item is $15and the selling price is $25

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  1. anonymous
    • 5 years ago
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    Cost Function is 500+15x. Revenue function is 25x Setting equal to find break even production yeilds 25x=500+15x; solve for X

  2. anonymous
    • 5 years ago
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    http://www.wolframalpha.com/input/?i=25x%3D500%2B15x%3B+solve+for+x Use Wolfram Alpha...You'll love it....

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