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