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 C(x)=35x+1925C(x) = 35x + 1925 and the total revenue function R(x)=70xR(x) = 70x for a ceiling fan manufacturer. We are asked to find:
(a) The equation of the profit function P(x)P(x).
(b) The profit when 35 units are sold, P(35)P(35).
(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 P(x)P(x) is the difference between the revenue function R(x)R(x) and the cost function C(x)C(x):
P(x)=R(x)C(x)P(x) = R(x) - C(x)
P(x)=(70x)(35x+1925)P(x) = (70x) - (35x + 1925)
P(x)=70x35x1925P(x) = 70x - 35x - 1925
P(x)=35x1925P(x) = 35x - 1925
(b) To find the profit when 35 units are sold, we substitute x=35x = 35 into the profit function P(x)P(x):
P(35)=35(35)1925P(35) = 35(35) - 1925
P(35)=12251925P(35) = 1225 - 1925
P(35)=700P(35) = -700
(c) To avoid losing money, the profit must be greater than or equal to zero, P(x)0P(x) \ge 0. We need to find the value of xx that satisfies this condition:
35x1925035x - 1925 \ge 0
35x192535x \ge 1925
x192535x \ge \frac{1925}{35}
x55x \ge 55
Therefore, at least 55 fans must be sold to avoid losing money.

3. Final Answer

(a) P(x)=35x1925P(x) = 35x - 1925
(b) P(35)=700P(35) = -700
(c) 55 fans

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