I need help with math problem please

User Generated

FAF109566172125111205321

Mathematics

Description

A company is planning to make a new kind of smart phone. The cost to produce x smartphones is C(x) = 18x+85,000. Meanwhile the revenue earned by selling x smart phones is given by R(x) = 23x. If R<C, then the company loses money. At what level of production does this happen?

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Explanation & Answer

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23x < 18x+85000

5x<85000

x < 17000

if the company sell less than 17000 smart phone, it loses money. 

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