Question

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The cost and revenue functions of a product are given by C(x) = 20 x + 4000 and R(x) = 60x + 2000, respectively, where x is the number of items produced and sold. How many items must be sold to realise some profit?
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Answer 1

Step-by-step explanation:

Hughes is a very good man but I have no money to buy anything for the criminal cases or the police to help me in time of 3 and to

Answer 2

Answer:

We have, profit = Revenue – Cost = (60x + 2000) – (20x + 4000) = 40x – 2000 To earn some profit, 40x – 2000 > 0 ⇒ x > 50 Hence, the manufacturer must sell more than 50 items to realise some profit.Read more on Sarthaks.com - https://www.sarthaks.com/116547/the-cost-and-revenue-functions-of-a-product-are-given-by-c-x-20-x-4000-and-r-x-60x-2000