Asked by Tyler
The total cost, in millions of dollars, of producing x thousand units of an item is C(x) = 4(x − 1)^2 + 4.
The revenue (in millions of dollars) from selling x thousand units of the item is R(x) = 10x. What does this tell you about the price of each unit?
Give your answer without commas.
Would I use R(X) as the input for c(x) so it would be c(x) = 4 (10x -1)^2 + ?
when will I lose money
0 < x < 1/2 and x > 4
or
1/2 < x < 4
The revenue (in millions of dollars) from selling x thousand units of the item is R(x) = 10x. What does this tell you about the price of each unit?
Give your answer without commas.
Would I use R(X) as the input for c(x) so it would be c(x) = 4 (10x -1)^2 + ?
when will I lose money
0 < x < 1/2 and x > 4
or
1/2 < x < 4
Answers
Answered by
Tyler
Whether to calculate the price is correct and when will I be losing money
Answered by
Tyler
X value to make profit would be
1/2 < x <4
Break even point
x = 1/2 and x = 4
If this part of my work helps at all. Just looking at this point for the price of each unit and the check portion for when I will lose money
1/2 < x <4
Break even point
x = 1/2 and x = 4
If this part of my work helps at all. Just looking at this point for the price of each unit and the check portion for when I will lose money
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