## A music company is introducing a new line of acoustic guitars next quarter. These are the cost and revenue functions, where x represents the

Question

A music company is introducing a new line of acoustic guitars next quarter. These are the cost and revenue functions, where x represents the

number of guitars to be manufactured and sold:

– 120%

ax= 100* 1840

The company needs to sell at least (blank)

guitars for a total revenue of $ (blank)

to start making a profit.

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Math
6 days
2021-11-25T15:25:20+00:00
2021-11-25T15:25:20+00:00 2 Answers
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## Answers ( )

Answer:The company needs to sell at least 93 guitars for a total revenue of $ 11,160 to start making a profit.Correct statement and question:A music company is introducing a new line of acoustic guitars next quarter. These are the cost and revenue functions, where x represents the number of guitars to be manufactured and sold:

r(x) = 120x

c(x) = 100x + 1,840

The company needs to sell at least ___________ guitars for a total revenue of $ __________ to start making a profit.

Source:Question that can be found at e-eduanswers dot com. Can’t copy and paste the URL because brainly will block it.

Step-by-step explanation:Let’s recall the formula of the break-even point:Revenue – Cost = 0

Revenue = Cost

Replacing with the information we know, for solving for x:120x = 100x + 1,840

120x – 100x = 1,840

20x = 1,840

x = 1,840/20

x = 92

If the company needs to sell at least 92 guitars to reach the break-even point, selling 93 will allow them to start making a profit.r(93) = 120 * 93 = 11,160

c(93) = 100 * 93 + 1,840 = 11,140

Profit = 11,160 – 11,140 = 20

Answer:did you figure it out cuz i need the answer