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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Audrey 6 days 2021-11-25T15:25:20+00:00 2 Answers 0 views 0

Answers ( )

  1. Charlotte
    0
    2021-11-25T15:26:49+00:00

    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

  2. Charlotte
    0
    2021-11-25T15:27:04+00:00

    Answer:

    did you figure it out cuz i need the answer

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