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rk193140
25.11.2020 •
Mathematics
Rebotar Inc.makes basketballs.Their fixed costs are $3,450.
Variable costs are $12per basketball.
if the basketball is priced at $25 and 300 basketballs are sold,did Rebotar break even?How do you know?Show all work.
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Ответ:
Since the profit is positive, Rebotar not only broke even, they had earnings.
Step-by-step explanation:
Function Modeling
The costs, incomes, and profits of Rebotar Inc. can be modeled by means of the appropriate function according to known conditions of the market.
It's known their fixed costs are $3,450 and their variable costs are $12 per basketball produced and sold. Thus, the total cost of Rebotar is:
C(x) = 12x + 3,450
Where x is the number of basketballs sold.
It's also known each basketball is sold at $25, thus the revenue (income) function is:
R(x) = 25x
The profit function is the difference between the costs and revenue:
P(x) = 25x - (12x + 3,450)
Operating:
P(x) = 25x - 12x - 3,450
P(x) = 13x - 3,450
If x=300 basketballs are sold, the profits are:
P(300) = 13(300) - 3,450
P(300) = 3,900 - 3,450
P(300) = 450
Since the profit is positive, Rebotar not only broke even, they had earnings.
Ответ:
64
Step-by-step explanation: