1.

the cost and revenue fuctions of a product are given by C(x)=20x+2000 and R(x) = 60x+4000

Answer»

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 profit.



Discussion

No Comment Found

Related InterviewSolutions