Question

The total cost (in dollars) for a company to manufacture and sell a items per week is C = 70x + 20, whereasthe revenue brought in by selling all æ items is R = 106x -0.4x? How many items must be sold to obtain aweekly profit of $3002Hint: Profit - Revenue - Cost.OritemsThey need to sell

Answer 1

Given

The total cost (in dollars) for a company to manufacture and sell items per week is C = 70x + 20, whereas the revenue brought in by selling all æ items is R = 106x -0.4x

Answer

Profit - Revenue - Cost.

3002 = 106x-0.4 x- 70x -20

3002+20 =98.96 x

x= 3022/98.96 = 30.54