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mina [271]
3 years ago
13

A guitar factory has a cost of production C(x) = 100x + 56000 , where is the number of guitars produced . If the company needs t

o break even after 150 units sold, at what price should they sell each guitar ? Use the variable p to represent the price Round up to the nearest dollar .
Mathematics
2 answers:
geniusboy [140]3 years ago
6 0

Answer:

473.33 units

Step-by-step explanation:

The breakeven point is the level of production at which the costs of production equal the revenues for a product. So, considering P the price of a guitar unit, we have that:

C(150) = 150.P

P = C(150)/150

P = (100.150 + 56000) / 150

P = (15000 + 56000) / 150

P = 71000/150

P ~ 473.33 units of currency per guitar

PSYCHO15rus [73]3 years ago
4 0

Answer:

Step-by-step explanation:

If the company wants to just break even, that means that the cost to produce 150 guitars is equal to the price they charge to make a 0 profit. The cost of 150 guitars is

C(150) = 100(150) + 56000 and

C(150) = 71000. That's how much it costs to produce 150 guitars. If they want to make nothing at all, they have to sell the 150 guitars for

p(x) = 71000/150 so

p(x) = 473.33 or 474

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<h2>Hello!</h2>

The answer is:

The correct option is the third option,

L(p(x))=2.425(1.082)^{x}

<h2>Why?</h2>

From the statement we know the function that models the population growth over the years (p(x)) but we have been told that there is an estimated loss that can be modeled by the function L(p), so in order to find which function represents the final function, we need to composite the function, which is the same that evaluate p(x) into the function L(p).

We are given:

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So, the evaluationg p(x) into L(p), we have:

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