Students stuff envelopes for extra money. Their initial cost to obtain the information for the job w

Discussion in 'Calculator Requests' started by math_celebrity, Jun 28, 2017.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Students stuff envelopes for extra money. Their initial cost to obtain the information for the job was $140. Each envelope costs $0.02 and they get paid $0.03per envelope stuffed. Let x represent the number of envelopes stuffed. (a) Express the cost C as a function of x. (b) Express the revenue R as a function of x. (c) Determine analytically the value of x for which revenue equals cost.

    a) Cost Function
    C(x) = 140 + 0.02x

    b) Revenue Function
    R(x) = 0.03x

    c) Set R(x) = C(x)
    140 + 0.02x = 0.03x

    Using our equation solver, we get x = 14,000
     

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