Overview
Given the cost and demand (or price) equations:
C = 0.05x + 8
P = 2 - 0.1x
a) What is the Revenue function?
R = _______
b) What is the Profit function?
P = ________
c) Find the number of units that must be made and sold to break even. List the values from smallest to largest and round to one decimal place.
_________ or __________ units.
d) Find the number of units that must be made and sold to make a profit (P>0). Put your answer in interval notation and round to one decimal place.
__________.