Solved

The Cost CC Of Producing tt Units Is Given By C(t)=3t2+8tC ( t ) = 3 t ^ { 2 } + 8 t

Question 31

Multiple Choice

The cost CC of producing tt units is given by C(t) =3t2+8tC ( t ) = 3 t ^ { 2 } + 8 t , and the revenue RR generated from selling tt units is given by R(t) =4t2+tR ( t ) = 4 t ^ { 2 } + t . For what values of tt will there be a profit?


A) There will be a profit when more than 8 units are sold
B) There will be a profit when more than 9 units are sold.
C) There will be a profit when more than 7 units are sold.
D) There will be a profit when 0 units are sold.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions