if x represents the number of items produced, write a cost function, a revenue function and determine anatically how many items must be produced before a profit is shown. The fixed cost is $500, te cost to produce one item is $15and the selling price is $25

Question

anonymous · Answer

Cost Function is 500+15x.
Revenue function is 25x

Setting equal to find break even production yeilds 25x=500+15x; solve for X

anonymous · Answer

http://www.wolframalpha.com/input/?i=25x%3D500%2B15x%3B+solve+for+x Use Wolfram Alpha...You'll love it....