A company makes pens. They sell each pen for $ 10
.
Their revenue is represented by R = 10 x.
The cost to make the pens is $
2
each with a one time start up cost of $
4500
.
Their cost is represented by C = 2 x + 4500.
a) Find the profit, P, (P = R - C) when the company sells 1000 pens.
10000
-10000
-2500
14500
3500

b) Find the number of pens they need to sell to break even (when R = C).
450
750
2250
563

Television viewing reached a new high when the global information and measurement company reported a mean daily viewing time of 8.35 hours per household. use a normal probability distribution with a standard deviation of 2.5 hours to answer the following questions about daily television viewing per household. a. what is the probability that a household views television between 4 and 10 hours a day? (to 4 decimals) b. how many hours of television viewing must a household have in order to be in the top 7% of all television viewing household? (to 2 decimals) c. what is the probability that a household views television more than 4 hours a day? (to 4 decimals)