a company has revenue given by R(x)=500x dollars and total cost given by C(x)=48,000 100x dollars, w

Discussion in 'Calculator Requests' started by math_celebrity, Jun 16, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    a company has revenue given by R(x)=500x dollars and total cost given by C(x)=48,000 + 100x dollars, where x is the number of units produced and sold. How many units will give a profit

    Profit P(x) is given by:
    R(x) - C(x)

    So we have:
    P(x) = 500x - (100x + 48,000)
    P(x) = 500x - 100x - 48,000
    P(x) = 400x - 48,000

    A profit is found when P(x) > 0, so we have:
    400x - 48000 > 0

    To solve this inequality, we type it into our search engine and we get:
    x > 120
     

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