The total cost and the total revenue of a company that produces and sells x units of a particular
product are respectively.
Cx= 5x÷ 350 and Rx = 50x - x
ind ) the breakeven values
(2) the values of x that produces a profit
(5) the values of x that result in a loss
Answers
Given : The total cost and the total revenue of a company that produces and sells x units of particular product are respectively
C(x) = 5x + 350 and R(x) = 50x – x².
( correction in Question)
To Find :
(i) the breakeven values
(ii) the values of x that produce a profit
(iii) the values of x that result in a loss.
Solution:
C(x) = 5x + 350
R(x) = 50x – x²
breakeven
C(x) = R(x)
=> 5x + 350 = 50x – x²
=> x² - 45x + 350 = 0
=> (x - 10)(x - 35) = 0
=> x = 10 , 35
breakeven values are 10 and 35 units
x that produces a profit
R(x) - C(x) > 0
50x – x² - 5x - 350 > 0
=> -x² + 45x - 350 > 0
=> x² - 45x + 350 < 0
=> (x - 10)(x - 35) < 0
10 < x < 35
10 < x < 35 produces a profit
values of x that result in a loss
0< x < 10 and 35 < x
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