The figure shows the graphs of the cost and revenue functions for a company that manufactures and
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The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells small radios. Use the information in the figure to solve Exercises 55–60.
Use the formulas shown in the voice balloons to find R(300) - C(300). Describe what this means for the company.
Transcribed Image Text:
y 35,000 30,000 25,000 20,000 15,000 10,000 5000 C(x) = 10,000+ 30x R(x) = 50x 0 100 200 300 400 500 600 700 Radios Produced and Sold X
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