A company manufactures cassettes and its cost equation for a week is C= 300 +1.5 x and the revenue equation isR= 2x where x is the number of cassettes sold in a week. How many least number of cassettes must be sold for the company to realize a profit?
Answers
Answered by
34
Solution:-
Profit = R(x) - C(x)
⇒ 2x - (300 + 1.5)
⇒ 2x - 1.5 = 300
⇒ 0.5x = 300
⇒ x = 300/0.5
⇒ x = > 3000 Cassettes Answer.
Profit = R(x) - C(x)
⇒ 2x - (300 + 1.5)
⇒ 2x - 1.5 = 300
⇒ 0.5x = 300
⇒ x = 300/0.5
⇒ x = > 3000 Cassettes Answer.
Answered by
34
For profit => Revenue > Cost
=> 2x > 300 + 1.5 x
=> 2x-1.5x > 300
=> 0.5x > 300
=> x > 300/0.5
=> x > 600
therefore, no. of cassettes sold is less than 600
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