The Revenue R for Selling X Fleece Jackets Is Given

question 140

Multiple Choice

The revenue R for selling x fleece jackets is given by the equation R = 49.95x. The cost C (in dollars) to produce x jackets is C = 2600 + 15.50x. Find the number of jackets that the company Needs to sell to produce a profit. (Hint: A profit occurs when revenue exceeds cost.)

• A) More than 75
• B) More than 76
• C) At least 74
• D) At least 75

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Definitions:

Entrepreneurship

The endeavor of forming a business or several businesses, bearing financial perils with the hope of gaining profit.

Alertness

Alertness refers to the state of being attentive and ready to respond quickly to changes or potential threats in one's environment.

Opportunities

Situations or conditions favorable for achieving a specific goal or success.

Entrepreneurship

The act of creating, developing, and managing a new business venture in order to profit while bearing any of its risks.