For a business to realize a profit, its revenue, R, must be greater than its costs, C;
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For a business to realize a profit, its revenue, R, must be greater than its costs, C; that is, a profit will result only if R > C (the company breaks even when R = C). A dry cleaning store has a weekly cost equation of C = 0.25x + 1500 and a weekly revenue of R = 4x, where xis the number of garments dry cleaned in a week. How many garments must be dry cleaned in a week for the company to make a profit?
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
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