Answer:
The company has to produce more than 92 guitars and sell them for making a profit.
Step-by-step explanation:
These are the cost and revenue functions, where x represents the number of guitars to be manufactured and sold: R(x) = 120x, and C(x) = 100x + 1840.
Therefore, the condition for no loss-no gain for manufacturing x number of guitars is
R(x) = C(x)
⇒ 120x = 100x + 1840
⇒ 20x = 1840
⇒ x = 92
Therefore, the company has to produce more than 92 guitars and sell them for making a profit. (Answer)
