The Revenue for Selling X Units of a Product Is $R = 30.75 x$

question 74

Multiple Choice

The revenue for selling x units of a product is $R = 30.75 x$ . The cost of producing x units is $C = 10.65 x + 50,000$ . For the producer to obtain a profit, the revenue must be larger than the cost. For what values of x will this product return a profit? Round your answer to the nearest whole unit.

• A) \(x > 1208\)
• B) \(x > 2771\)
• C) \(x > 2488\)
• D) \(x > 1848\)
• E) \(x > 2913\)

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Definitions:

Selling Price

The amount of money a seller charges for a product or service.

Credit Sales

Transactions where goods or services are sold and payment is delayed, typically recorded as accounts receivable.

Required Production

The quantity of products a company needs to produce to meet its sales goals and inventory levels.

Finished Goods Inventory

The stock of completed products ready for sale but not yet sold.