Business In Exercises 31, find all values of x for which the given products will at least break even. (See Examples.)
The cost to produce x units of wire is C = 50x + 6000 , while the revenue is R = 65x .
Example 1
Business A company analyst has determined that the cost to produce and sell x units of a certain product is C = 20x + 1000 . The revenue for that product is R = 70x . Find the values of x for which the company will break even or make a profit on the product.
Example 2
Business A pretzel manufacturer can sell a 6-ounce bag of pretzels to a wholesaler for $.35 a bag. The variable cost of producing each bag is $.25 per bag, and the fixed cost for the manufacturing operation is $110,000. * How many bags of pretzels need to be sold in order to break even or earn a profit?
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