A company makes pens. They sell each pen for $.
Their revenue is represented by R = 9 x.
The cost to make the pens is $ each with a one time start up cost of $.
Their cost is represented by C = 1 x + 6500.
a) Find the profit, P, (P = R - C) when the company sells 1000 pens.
b) Find the number of pens they need to sell to break even (when R = C).
Their revenue is represented by R = 9 x.
The cost to make the pens is $ each with a one time start up cost of $.
Their cost is represented by C = 1 x + 6500.
a) Find the profit, P, (P = R - C) when the company sells 1000 pens.
b) Find the number of pens they need to sell to break even (when R = C).