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Solve the Problem. -A Firm Making Toaster Ovens Finds That the Total Cost

Question 82

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Solve the problem.
-A firm making toaster ovens finds that the total cost, C(x) , of producing x units is given by C(x) = 25x + 340. The revenue, R(x) , from selling x units is determined by the price per unit times the number of units sold, thus R(x) = 35x. Find and interpret (R -C) (78) .


A) $5020 profit, income exceeds cost
B) -$440 loss, cost exceeds income
C) $112 profit, income exceeds cost
D) $440 profit, income exceeds cost

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