Question

A
company makes and sells charm bracelets. The
cost of producing x bracelets is represented by the
function
C(x) = 180 + 8x. The revenue earned from selling
x bracelets is represented by the function R(x) =
20x.
Write and simplify a function P that represents the
profit made from selling
bracelets.
How many bracelets must the company sell to
break even?

Answer 1

Answer:

Minimum 15 bracelets to be sold to meet the break even

Step-by-step explanation:

The cost price of bracelets is represented by C(x) =180+8x The revenue earned (selling price) is represented by R(x) =20x In these two functions x represents number of bracelets. If P represents the profit then P = 20x-(180+8x) P = 20x-180-8x = (12x-180) For break even profit P = 0 12x-180 =0 12x = 180 x = 180÷12 x = 15 So minimum quantity of bracelets to be sold is 15 for the break even.