The cost C to produce x numbers of VCR’s is C = 1000 + 100x. The VCR’s are sold wholesale for $150 each, so the revenue is given by R = 150x. Find how many VCR’s the manufacturer needs to produce and sell to break even
Answers
Answer:
the answer is 1000
Step-by-step explanation: bc it mean i idk sorry
For the Cost of production and the selling price to break even, the manufacturer should produce and sell 20 VCRs.
Given:
The Cost (C) to produce 'x' numbers of VCRs is = C = 1000 + 100x
The selling Price of each VCR at wholesale rate is = $150
To Find:
How many VCRs the manufacturer needs to produce and sell to break even =?
Solution:
Here, Since the selling price of each VCR is $150,
∴ The total revenue generated by selling 'x' VCRs = $150x
Now, According to the question,
The manufacturer wants to break even the amount he requires to produce the VCRs and the amount he obtains by selling them at a wholesale rate
i.e., He wants neither profit nor any loss in the deal.
So, To achieve this let's say he needs to manufacture 'x' VCRs;
∴ Cost of Production (C) = Total Revenue generated (R)
⇒ 1000 + 100x = 150x
⇒ 1000 = 150x - 100x
⇒ 1000 = 50x
⇒ x =
⇒ x = 20
Hence, a total of 20 VCRs need to be produced and sold to break even.
#