1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lilit [14]
3 years ago
15

A company's revenue function and cost function are as follows: R(x) = 0.55x and C(x) = 10 + 0.05x. What is the minimum number of

units, x, that must be sold for the company to make money
Mathematics
1 answer:
Oduvanchick [21]3 years ago
4 0

Answer:

Minimum number of units sold to make profit is equal to 20

Step-by-step explanation:

Revenue earned by the company as a function of number of units sold as x:

R(x) = 0.55x

Cost for selling units as a function of number of units sold as x:

C(x) = 10 + 0.05x

<em>Net profit earned by the company = (Revenue earned by the company) - (Cost of selling units)</em>

P(x) = (0.55x) - (10 + 0.05x)

P(x) = 0.55x - 10 - 0.05x

P(x) = 0.5x - 10

To earn profit the following condition should satisfy: P(x) ≥ 0

0.5x - 10 ≥ 0

0.5x ≥ 10

x ≥ \frac{10}{0.5}

x ≥ 20

You might be interested in
Sixty-five percent of employees make judgements about their co-workers based on the cleanliness of their desk. You randomly sele
Serhud [2]

Answer:

The outcomes of this binomial distribution that would be considered unusual is {0, 1, 2, 8}.

Step-by-step explanation:

The outcomes provided are:

(A) 0, 1, 2, 6, 7, 8

(B) 0, 1, 2, 7, 8

(C) 0, 1, 7, 8

(D) 0, 1, 2, 8

Solution:

The random variable <em>X</em> can be defined as the number of employees who judge their co-workers by cleanliness.

The probability of <em>X</em> is:

P (X) = 0.65

The number of employees selected is:

<em>n</em> = 8

An unusual outcome, in probability theory, has a probability of occurrence less than or equal to 0.05.

Since outcomes 0 and 1 are contained in all the options, we will check for <em>X</em> = 2.

Compute the value of P (X = 2) as follows:

P(X=2)={8\choose 2}(0.65)^{2}(0.35)^{8-2}

                =28\times 0.4225\times 0.001838265625\\=0.02175\\\approx 0.022

So <em>X</em> = 2 is unusual.

Similarly check for X = 6, 7 and 8.

P (X = 6) = 0.2587 > 0.05

X = 6 not unusual

P (X = 7) = 0.1373 > 0.05

X = 7 not unusual

P (X = 8) = 0.0319

X = 8 is unusual.

Thus, the outcomes of this binomial distribution that would be considered unusual is {0, 1, 2, 8}.

3 0
3 years ago
Are these answers right?
Alla [95]

Answer:

Yes, good job! :)

4 0
3 years ago
A bank records deposits as positive numbers and withdrawals as negative numbers. Mike withdrew $60\$60 $60 dollar sign, 60 from
kumpel [21]

Answer:

<ERROR>--------------------------------------------------

Step-by-step explanation:

<ERROR>---------------------

-----------------------

-----

--

------

8 0
3 years ago
The price of a Tesla Model X was bought for \$80,000 and has depreciated 10.2% yearly. Find the price of the car 3 years later
ella [17]

Answer:

A is the correct answer ...

6 0
2 years ago
All of the following are equivalent, except _____.<br><br> 2x + x<br> x(2 + 1)<br> 2x2<br> 3x
vagabundo [1.1K]
They are all equal except 2x2
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is (528x2817)7 + (627 x 2342)9
    10·2 answers
  • Complete the tree map by using the review words.
    13·1 answer
  • 16 − 3k + 4k − 14 solve
    14·2 answers
  • If you put the Pi key into the calculator instead of 3.14 will you get a different answer or the same answer you get using eithe
    15·1 answer
  • If Arianna turns the stove dial 135 to the right what setting will the dial be on​
    10·1 answer
  • How do you find this answer?
    8·1 answer
  • June uses 12eggs to make cupcakes she used 4 eggs for each batch of cupcake which expression can be used to find the number of b
    6·2 answers
  • A bicycle has a listed price of $765.95 before tax. If the sales tax rate is 9.5%, find the total cost of the bicycle with sales
    8·2 answers
  • F(x) = 3 x² + 5 x - 7 and g(x) = x² + 8 x + 10
    7·1 answer
  • Can i use some help? im really confused on how to show my work and all
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!