Question

Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up to 500. Its cost (in dollars) for a run of x pairs of cleats is C(x) = 2850 + 8x + 0.1x2 (0 ≤ x ≤ 500). Gymnast Clothing sells the cleats at $100 per pair. Find the revenue and profit functions. How many should Gymnast Clothing manufacture to make a profit?

Answer 1

Gymnast Clothing manufactures expensive hockey jerseys for sale to college bookstores in runs of up to 300. Its cost (in dollars) for a run of x hockey jerseys is C(x) = 3000 + 10x + 0.2x2 (0 ? x ? 300) Gymnast Clothing sells the jerseys at $105 each. Find the revenue function.