Question
-A guitar factory has fixed production cost of $50,000 plus $75 for each guitar produced.Its cost of production function can be written as C (
-A guitar factory has fixed production cost of $50,000 plus $75 for each guitar produced.Its cost of production function can be written asC(x) = 75x+ 50,000.
The company decides to sell each guitar for $325, so its revenue function can be written asR(x)=325x.
How many guitars must the company sell at $325 per guitar in order to "break even"?
-When hired at a new job selling electronics, you are given two pay options:
- Option A: Base salary of $14,000 a year with a commission of 10% of your sales
- Option B: Base salary of $20,000 a year with a commission of 4% of your sales.
After what amount of your sales (in $) does option A produce a larger paycheck for you?
-A moving company charges a flat rate of $150, and an additional $5 for each box.A delivery service would charge $20 for each box. After how many boxes would it be cheaper to use the moving company?
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