A company that sells radios has yearly fixed costs of $600,000. It costs the company $45
Chapter 2, Problem 66(choose chapter or problem)
A company that sells radios has yearly fixed costs of $600,000. It costs the company $45 to produce each radio. Each radio will sell for $65. The companys costs and revenue are modeled by the following functions: C(x) = 600,000 + 45x This function models the companys costs. R(x) = 65x This function models the companys revenue. Find and interpret (R - C)(20,000), (R - C)(30,000), and (R - C)(40,000).
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