Solve the Problem. -A Firm Making Microwave Ovens Finds That the Total Cost

question 129

Multiple Choice

Solve the problem.
-A firm making microwave ovens finds that the total cost, C(x) , of producing x units is given by C(x) = 55x + 600. The revenue, R(x) , from selling x units is determined by the price per unit times the number of units sold, thus R(x) = 65x. Find and interpret (R -C) (42) .

• A) -$180 loss, cost exceeds income
• B) $5640 profit, income exceeds cost
• C) $180 profit, income exceeds cost
• D) $102 profit, income exceeds cost

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Definitions:

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