Ask Question
11 September, 08:26

A company makes and sells charm bracelets. The cost of producing x bracelets is represented by the function. C (x) = 180+8x. The revenue earned for selling x bracelets is represented by the function R (x) = 20x. Write and simplify a function P the represents the profit made from selling x bracelets. How many must the company sell to break even

+5
Answers (1)
  1. 11 September, 09:56
    0
    Minimum 15 bracelets to be sold to meet the break even.

    Step-by-step explanation:

    The cost price of bracelets is represented by C (x) = 180+8x

    The revenue earned (selling price) is represented by R (x) = 20x

    In these two functions x represents number of bracelets.

    If P represents the profit then P = 20x - (180+8x)

    P = 20x-180-8x = (12x-180)

    For break even profit P = 0

    12x-180 = 0

    12x = 180

    x = 180:12

    x = 15

    So minimum quantity of bracelets to be sold is 15 for the break even.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A company makes and sells charm bracelets. The cost of producing x bracelets is represented by the function. C (x) = 180+8x. The revenue ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers