Use the revenue function from Problem 62, in this exercise and the given cost function: R(x) =
Question:
R(x) = x:(2,000 - 60x) Revenue function
C(A-) = 4,000 + 500x Cost function
where x is thousands of computers, and C(x) and R(x)are in thousands of dollars. Both functions have domain 1 ≤ .v ≤ 25.
(A) Sketch a graph of both functions in the same rectangular coordinate system.
(B) Find the break-even points.
(C) For what values of A: will a loss occur? A profit?
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Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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