christopherwilde christopherwilde

31-05-2017
Mathematics

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A company produces and sells CDs. There is a fixed cost of $2000 and $5 per CD manufactured. The manufacturer sells each CD for $10, write a system of equations that describes the situation.

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twvogels twvogels

31-05-2017

Call the production cost 'C', the revenue 'R' and the number of CDs 'n':

C=2000+5n
R=10n
By definition Profit P = R-C, therefore P=10n-2000+5n = 5n-2000.

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