Precalculus (6th Edition) Blitzer

Published by Pearson
ISBN 10: 0-13446-914-3
ISBN 13: 978-0-13446-914-0

Chapter 7 - Review Exercises - Page 876: 6

Answer

a) $C=200x+60000$ b) $R=450x$ c) $240$ desks, $R(240)=\$108000$

Work Step by Step

a) Here, the cost is the fixed cost. This means $\$ 60000$ plus $\$ 200$ per desk. Hence, $C=200x+60000$ b) Revenue $=\$450$ per Desk Hence, $R=450x$ c) The break -even point occurs when profit is equal to zero, that is, $R=C$ Thus, $P=200x+60000$ $0=200x+60000$ Hence, $x= 240$ desks At this point, revenue is: $R(240)=450*240=\$108000$
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