Solve the problem.
-A firm making microwave ovens finds that the total cost, C(x), of producing x units is given by C(x) = 55x + 600. The revenue, R(x), from selling x units is determined by the price per unit times the number of units sold, thus R(x) = 65x. Find and interpret (R -C)(42).
A) -$180 loss, cost exceeds income
B) $5640 profit, income exceeds cost
C) $180 profit, income exceeds cost
D) $102 profit, income exceeds cost

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-A firm making microwave ovens finds that the total cost, C(x), of producing x units is given by C(x) = 55x + 600. The revenue, R(x), from selling x units is determined by the price per unit times the number of units sold, thus R(x) = 65x. Find and interpret (R -C)(42).
A) -$180 loss, cost exceeds income
B) $5640 profit, income exceeds cost
C) $180 profit, income exceeds cost
D) $102 profit, income exceeds cost

Solve the Problem. -A Firm Making Microwave Ovens Finds That the Total Cost