Answered step by step
Verified Expert Solution
Question
1 Approved Answer
n |4GE 4 8:44 X MyOpenMath . . . myopenmath.com Question 10 a 8:44 X MyOpenMath myopenmath.com O Question 10 0/1 pt 03 99 Details
n |4GE 4 8:44 X MyOpenMath . . . myopenmath.com Question 10
a 8:44 X MyOpenMath myopenmath.com O Question 10 0/1 pt 03 99 Details A company makes pens. They sell each pen for $9. Their revenue is represented by R = 9 x. The cost to make the pens is $2 each with a one time start up cost of $4500. Their cost is represented by C = 2 x + 4500. a) Find the profit, P, (P = R- C) when the company sells 1000 pens. O -9000 O 9000 O 13500 O -2500 O 2500 b) Find the number of pens they need to sell to break even (when R = C). O 2250 O 643 O 900 O 500 Question Help: @Video E Message instructor Submit Question
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started