Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

A company is planning to make a new kind of radio. The cost to produce x radios is C(x) = 80,000 + 10x. Meanwhile, the revenue earned by selling x radios is given by R(x) = 18x. If R < C, the company loses money. At what level of production does this happen?

Sagot :

[tex]C(x) = 80,000 + 10x\ \ \ \wedge\ \ \ R(x) = 18x\\\\R < C\ \ \ \Leftrightarrow\ \ \ \ 18x<80,000+10x\\ \\8x<80,000\ /:8\\ \\x<10,000\\ \\Ans.\ The\ company\ loses\ money\ at\ level\ of\ production\ 10,000\ radios.[/tex]