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justin762 justin762
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3 years ago
Solve the problem.

A firm is considering a new product. The accounting department estimates that the total cost, C(x), of producing x units will be
C(x) = 50x + 4540.
The sales department estimates that the revenue, R(x), from selling x units will be
R(x) = 60x,
but that no more than 648 units can be sold at that price. Find and interpret (R - C)(648).

▸ -$1940 loss, cost exceeds income
It is not worth it to develop product.

▸ $75,820 profit, income exceeds cost
It is worth it to develop product.

▸ $1940 profit, income exceeds cost
It is worth it to develop product.

▸ $1102 profit, income exceeds cost
It is worth it to develop product.
Textbook 
College Algebra

College Algebra


Edition: 7th
Author:
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avleenavleen
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3 years ago
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