a manufacturing company finds that the daily cost of producing x items of Guess jeans is given by C(x)=420x+14000,if each jean is sold for BWP700 find the number that must be sold daily to ensure neither a profit or loss

Answer 1

To find the number of Guess jeans that must be sold daily to neither make a profit nor loss, we need to set the total cost equal to the total revenue.

Let's call the number of jeans that must be sold daily as "n".

The total cost of producing "n" jeans would be:

C(n) = 420n + 14000

The total revenue from selling "n" jeans would be:

R(n) = 700n

Since we want to neither make a profit nor loss, we can set C(n) equal to R(n) and solve for "n":

420n + 14000 = 700n

280n = 14000

n = 50

Therefore, the company must sell 50 Guess jeans daily to ensure neither a profit nor loss.