A company makes and sells charm bracelets. The cost of producing x bracelets is represented by the function C(x) = 180 + 8x. The revenue earned from selling x bracelets is represented by the function R(x) = 20x. Write and simplify a function P that represents the profit made from selling x bracelets.How many bracelets must the company sell to break even?
Answer
Answer:
P(x) = 12x - 180. The company must sell 15 bracelets to break even.