Business, 27.02.2020 22:59, Benitez0212

Last year, a certain company began manufacturing product X and sold every unit of product X that it produced. Last year the company's total expenses for manufacturing product X were equal to $100,000 plus 5 percent of the company's total revenue from all units of product X sold. If the company made a profit on product X last year, did the company sell more than 21,000 units of product X last year?

(1) The company's total revenue from the sale of product X last year was greater than $110,000.
(2) For each unit of product X sold last year, the company's revenue was $5.

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Last year, a certain company began manufacturing product X and sold every unit of product X that it...