Solve the problem.A firm is considering a new product. The accounting department estimates that the total cost, C(x), of producing x units will be C(x) = 60x + 7870.The sales department estimates that the revenue, R(x), from selling x units will be R(x) = 70x,but that no more than 955 units can be sold at that price. Find and interpret (R - C)(955).

Question

A. -$1680 loss, cost exceeds income
It is not worth it to develop product.
B. $132,020 profit, income exceeds cost
It is worth it to develop product.
C. $1680 profit, income exceeds cost
It is worth it to develop product.
D. $1742 profit, income exceeds cost
It is worth it to develop product.

Answer 1

Answer: C