Find answers to your questions and expand your knowledge with IDNLearn.com. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.

A company makes and sells charm bracelets. The cost of producing [tex] x [/tex] bracelets is represented by the function [tex] C(x) = 180 + 8x [/tex]. The revenue earned from selling [tex] x [/tex] bracelets is represented by the function [tex] R(x) = 20x [/tex].

1. Write and simplify a function [tex] P(x) [/tex] that represents the profit made from selling [tex] x [/tex] bracelets.
2. How many bracelets must the company sell to break even?


Sagot :

Alright, let's tackle this problem step-by-step.

### Step 1: Define the Profit Function

The profit function [tex]\(P(x)\)[/tex] represents the total profit made from selling [tex]\(x\)[/tex] bracelets. It is defined as the difference between the revenue function [tex]\(R(x)\)[/tex] and the cost function [tex]\(C(x)\)[/tex]:

[tex]\[ P(x) = R(x) - C(x) \][/tex]

### Step 2: Given Functions

We are given the cost function [tex]\(C(x)\)[/tex] and the revenue function [tex]\(R(x)\)[/tex]:

[tex]\[ C(x) = 180 + 8x \][/tex]
[tex]\[ R(x) = 20x \][/tex]

### Step 3: Substitute the Given Functions into the Profit Function

Now substitute [tex]\(C(x)\)[/tex] and [tex]\(R(x)\)[/tex] into the profit function:

[tex]\[ P(x) = R(x) - C(x) \][/tex]
[tex]\[ P(x) = 20x - (180 + 8x) \][/tex]

### Step 4: Simplify the Profit Function

Simplify the expression by distributing and combining like terms:

[tex]\[ P(x) = 20x - 180 - 8x \][/tex]
[tex]\[ P(x) = (20x - 8x) - 180 \][/tex]
[tex]\[ P(x) = 12x - 180 \][/tex]

So, the simplified profit function is:

[tex]\[ P(x) = 12x - 180 \][/tex]

### Step 5: Determine the Break-Even Point

The break-even point occurs when the profit [tex]\(P(x)\)[/tex] is zero, meaning the revenue equals the cost. Set [tex]\(P(x)\)[/tex] equal to zero and solve for [tex]\(x\)[/tex]:

[tex]\[ P(x) = 0 \][/tex]
[tex]\[ 12x - 180 = 0 \][/tex]

### Step 6: Solve the Equation

Solve for [tex]\(x\)[/tex]:

[tex]\[ 12x = 180 \][/tex]
[tex]\[ x = \frac{180}{12} \][/tex]
[tex]\[ x = 15 \][/tex]

### Conclusion

The company must sell 15 bracelets to break even.
We appreciate your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. IDNLearn.com provides the answers you need. Thank you for visiting, and see you next time for more valuable insights.