A fast-food restaurant has a cost of production C(x)=12x+114 and a revenue function R(x)=6x. When does the company start to turn

Question

2 years ago

11

a profit?

1 answer:

LekaFEV [45] · Answer 1 · 2023-05-16T05:52:29+03:00

Step-by-step explanation:

Given data

C(x)=12x+114

R(x)=6x.

The company will start to run on profit just when revenue equals the production cost, that is

C(x)=R(x)

equating the two expressions we have

12x+114=6x

solving for x we have

12x-6x+114=0

6x+114=0

6x=-114

x=-114/6

x=-19

Hence the company will start to run on proft when they start to produce above 19 items