A furniture company has established the price -demand function p(x) =90-5x and the cost function c(x)=250+15x, where x is hundereds of chairs, and C is the thousand of dollars.
Find:-
a) Give the revenue R for producing 1200 chairs.
b) Find the production level that gives the break-even point.
c) Find the production level that gives the maximum revenue and the maximum profit

Question

A furniture company has established the price -demand function p(x) =90-5x and the cost function c(x)=250+15x, where x is hundereds of chairs, and C is the thousand of dollars. 
Find:- 
a) Give the revenue R for producing 1200 chairs.
 b) Find the production level that gives the break-even point.
 c) Find the production level that gives the maximum revenue and the maximum profit

kira_yamato · Answer

I couldn't get solution for (b).

anonymous · Answer

Thanks @Kira_Yamato  for your help !