The problem provides the total cost function $C(x) = 35x + 1925$ and the total revenue function $R(x) = 70x$ for a ceiling fan manufacturer. We are asked to find: (a) The equation of the profit function $P(x)$. (b) The profit when 35 units are sold, $P(35)$. (c) The number of fans that must be sold to avoid losing money (i.e., to break even or make a profit).
Applied MathematicsProfit FunctionCost FunctionRevenue FunctionBreak-Even AnalysisLinear EquationsBusiness Mathematics
2025/5/19
1. Problem Description
The problem provides the total cost function and the total revenue function for a ceiling fan manufacturer. We are asked to find:
(a) The equation of the profit function .
(b) The profit when 35 units are sold, .
(c) The number of fans that must be sold to avoid losing money (i.e., to break even or make a profit).
2. Solution Steps
(a) The profit function is the difference between the revenue function and the cost function :
(b) To find the profit when 35 units are sold, we substitute into the profit function :
(c) To avoid losing money, the profit must be greater than or equal to zero, . We need to find the value of that satisfies this condition:
Therefore, at least 55 fans must be sold to avoid losing money.
3. Final Answer
(a)
(b)
(c) 55 fans