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Question

A company manufactures cassettes and its cost equation for a week is ( C = 300 + 1.5 x ), while its revenue equation is (R= 2x ) , where x is the number of cassettes sold. How many cassettes must be sold by the company to get some profit?

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Solution

We know that,
Profit = revenue-cost
It is given that ​cost equation for a week is ( C = 300 + 1.5 x ), while its revenue equation is (R= 2x ),
Now
Revenue> Cost for getting some profitNow putting the value we get, 2x>300+1.5x12x>300or x >600
SO he should sold more than 600 cassettes.

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