CALCULUS+ITS APPLICATIONS
CALCULUS+ITS APPLICATIONS
12th Edition
ISBN: 9780135164884
Author: BITTINGER
Publisher: PEARSON
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The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. Use the information in the figure to solve Exercises 67–72. 35,000 30,000 C(x) = 10,000 + 30x 25,000 20,000 15,000 R(x) = 50x 10,000 5000 100 200 300 400 500 600 700 Radios Produced and Sold 67. How many radios must be produced and sold for the company to break even? 68. More than how many radios must be produced and sold for the company to have a profit? 69. Use the formulas shown in the voice balloons to find R(200) – C(200). Describe what this means for the company. 70. Use the formulas shown in the voice balloons to find R(300) – C(300). Describe what this means for the company. 71. a. Use the formulas shown in the voice balloons to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 10,000 radios are produced and sold. 72. a. Use the formulas shown in the voice balloons to write the company's profit function,…
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