A small ice cream company estimates its revenue (the money e…
A small ice cream company estimates its revenue (the money earned from selling ice cream) to be R = 4 x dollars, where x = the number of ice creams sold. The ice cream company estimates its costs by C = 3 . 5 x + 450 dollars, where x = the number of ice creams sold. Determine the selling price of each ice cream in dollars: Each ice cream costs dollars. Express the profit, P, from selling x ice creams as an expression: P = (Use decimals rounded to the nearest tenth if necessary.) In order to break even, the company must sell at least ice creams. What is the margin of profit if 850 ice creams are sold? dollars. (If a loss, indicate with a negative sign.) What is the margin of profit if 1650 ice creams are sold? dollars. (If a loss, indicate with a negative sign.)