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19. The cost and revenue functions of a product are given by C(x) = 20x + 4000 andRG) = 60x + 2000 respectively, where x is the number of items produced and sold. Howmany items must be sold to realise some profit? |
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Answer» s We have, profit = Revenue – Cost = (60x + 2000) – (20x + 4000) = 40x – 2000 To earn some profit, 40x – 2000 > 0 ⇒ x > 50 Hence, the manufacturer must sell more than 50 items to realise some |
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