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If the cost and revenue funcation of a p...

If the cost and revenue funcation of a product are respectively `C(x) = 5x + 700` and `R(x) = 15 x + 100` , where `x` is the number of products then what will be the value of `x` to get profit ?

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To determine the value of \( x \) that results in a profit, we start by defining the profit in terms of the cost and revenue functions. 1. **Identify the Cost and Revenue Functions:** - Cost function: \( C(x) = 5x + 700 \) - Revenue function: \( R(x) = 15x + 100 \) 2. **Define Profit:** - Profit occurs when revenue exceeds cost. Therefore, we need to set up the inequality: \[ R(x) > C(x) \] 3. **Substitute the Functions into the Inequality:** - Substitute \( R(x) \) and \( C(x) \) into the inequality: \[ 15x + 100 > 5x + 700 \] 4. **Rearrange the Inequality:** - To isolate \( x \), we first subtract \( 5x \) from both sides: \[ 15x - 5x + 100 > 700 \] - This simplifies to: \[ 10x + 100 > 700 \] 5. **Isolate the Variable:** - Next, subtract 100 from both sides: \[ 10x > 700 - 100 \] - This simplifies to: \[ 10x > 600 \] 6. **Solve for \( x \):** - Finally, divide both sides by 10: \[ x > 60 \] 7. **Conclusion:** - The value of \( x \) must be greater than 60 for the company to make a profit. Thus, the solution is: \[ x > 60 \]

To determine the value of \( x \) that results in a profit, we start by defining the profit in terms of the cost and revenue functions. 1. **Identify the Cost and Revenue Functions:** - Cost function: \( C(x) = 5x + 700 \) - Revenue function: \( R(x) = 15x + 100 \) 2. **Define Profit:** - Profit occurs when revenue exceeds cost. Therefore, we need to set up the inequality: ...
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