The total revenue function for a product is given by R = 695x dollars, and the total cost function for this same product is

Question

The total revenue function for a product is given by R = 695x dollars, and the total
cost function for this same product is given by C = 9750 +30x+x², where C is
measured in dollars. For both functions, the input x is the number of units
produced and sold.
a. Form the profit function for this product from the two given functions.
b. What is the profit when 5 units are produced and sold?
c. What is the profit when 20 units are produced and sold?
d. How many units must be sold to break even on this product?
a. Write the profit function.
P(x) = -x²+665x-9750
(Simplify your answer.)
b. When 5 units are produced and sold, there is a loss
(Simplify your answer.)
of $6450
c. When 20 units are produced and sold, there is a profit of $3150
(Simplify your answer.)
d. The number of units that must be sold to break even on this product is
(Simplify your answer. Use a comma to separate answers as needed.)

Kunduz · Accepted Answer

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