a firm is considering a new product. The accounting department estimates that th

Question

a firm is considering a new product. The accounting department estimates that the total cost, C(x), of producing x units will be C(x)=95x+4200. The sales department estimates that the revenue R(x), from selling x units will be R(x)=105x, but no more than 629 units can be sold at that price. Find and interpret (R-C)(629).
A. 2090 profit, income exceeds cost
B. 130,000 profit, income exceeds cost
C.10490 profit, income exceeds cost
D. -2090 loss, cost exceeds income
Which one^

Explanation / Answer

C(x)=95x+4200 R(x)=105x R-C (x)=20x-4200 if x=629 R-C=20(629)-4200 =8,380-------------------------------->this is the profit by selling 629 units. This is the exact answer..the options given are might be wrong

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