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Question

A company manufactures cassettes. Its cost and revenue functions are C(x)=26,000+30x and R(x)=43x, respectively, where x is the number of cassettes produced and sold in a week. How many cassettes must be sold by the company to realise some profit?

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Solution

Given :

Cost function C(x)=26,000+30x

Revenue function R(x)=43x

R(x)>C(x) (For profit)

43x>26000+30x

13x>26000

x>2000

Hence, more than 2000 cassettes should be sold to realise some profit .

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