1.

A company manufactures cassettes. Its cost and revenue functions are C(x) = 26,000 + 30x and R(x) = 43x, respectively, where x is the number of cassettes produced and sold in a week. How many cassettes must be sold by the company to realise some profit?

Answer»

Cost function: C(x) = 26000 + 3Ox Revenue function: R(x) = 43x For profit, R(x) > C(x)

⟹ 26000 + 30x < 43x

⟹ 43x – 30x > 26000

⟹ 13x > 26000

⟹ x > 2000

Hence, more than 2000 cassettes must be produced to get profit.



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