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Female abcjordanabc


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Cost Function: Really need help! Reply to this Post
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The cost C of producing x items is given by C(x)=20000+5(x-60)^2. The revenue R is obtained by selling x items is given by
R(x)=15000+130x. The revenue will exceed the cost for all x such that...

A) 0<x<46
B) x>46
C) x<100
D) 46<x<100
E)x>100
[Nov 19, 2007 12:29:40 AM] Show Post Printable Version        Hidden to Guest [Link] Report threaten post: please login first  Go to top 
Female pskinner

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applause   Re: Cost Function: Really need help! Reply to this Post
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The cost C of producing x items is given by C(x)=20000+5(x-60)^2. The revenue R is obtained by selling x items is given by
R(x)=15000+130x. The revenue will exceed the cost for all x such that...

A) 0<x<46
B) x>46
C) x<100
D) 46<x<100
E)x>100


Here's a hint:

This is an algebra problem. Solve the inequality: R(x)>C(x). When you substitute your formulas for R(x) and C(x), you can bring everything to one side and get a quadratic equation with solutions 46 and 100. Your job is then to take test values on each interval, (-inf,46),(46,100), and (100,inf), and decide when the inequality is true.
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Principal Skinner
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