Answer: a) c(x) = 0.124x + 1.1, b) 13 units
Step-by-step explanation: Revenue function = R(x) = 0.21x
Profit function = p(x) = 0.086 - 1.1
Cost function = c(x) =?
A)
Recall that profit = total revenue - total cost
Hence, total cost = total revenue - profit
c(x) = 0.21x - (0.086x - 1.1)
c(x) = 0.21x - 0.086x + 1.1
c(x) = 0.124x + 1.1
B)
Break even point is the point where total revenue equals total cost
R(x) = c(x)
0.21x = 0.124x + 1.1
0.21x - 0.124x = 1.1
0.086x = 1.1
x = 1.1/0.086
x = 12.79 which is approximately 13 units
<u>old:</u> $16
<u>new:</u> $20
<u>percent increase</u>
-> formula: (new-old / old) x 100
(20-16 / 16) x 100
4/16 x 100
0.25 x 100
answer: 25% increase
Answer:
D
Step-by-step explanation:
6i = 3/5i
8j = 4/5j
3/5i + 4/5j
