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CBSE Class 11-science Answered

A company manufactures cassettes and its cost equation for a week is C = 300 + 1.5x and its revenue equation is R = 2x, where x is the number of cassettes sold in a week. How many cassettes must be sold for the company to realize a profit?
Asked by Topperlearning User | 04 Jun, 2014, 01:23: PM
answered-by-expert Expert Answer
For profit: Revenue > Cost
    2x > 300 + 1.5x
    2x – 1.5x > 300
    (0.5)x > 300
   
    x > 600
   Number of cassettes sold > 600
Answered by | 04 Jun, 2014, 03:23: PM

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