An insurance company claims that for x thousand policies, its monthly revenue indollars is given by R(x) = 160x and its monthly cost in dollars is given byC(x) = 120x+9,600.a. Find the break-even point.b. Graph the revenue and cost equations on the same axes.c. From the graph, estimate the revenue and cost when x = 120.

Answered: Image /qna-images/answer/b35330b0-f72d-47e3-9a7e-08aaa8ef55a6.jpg

Answered: An insurance company claims that for x…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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From 1985 to 2003, the number BB of federally insured banks could be approximated by B(t)=−323.4t+13794B(t)=-323.4t+13794 where t is the year and t=0 corresponds to 1985.How many federally insured banks were there in 1990? Find the slope of the graph of B. Interpret this slope as a rate of change. Choose the correct answer below. The number of banks decreased by 323.4 banks per year The number of banks increased by 12177 banks per year The number of banks increased by 323.4 banks per year The number of banks decreased by 12177 banks per year The number of banks decreased by 13794 banks per year The number of banks increased by 13794 banks per year Find the y-intercept of the graph of B.The y-intercept is Interpret the y-intercept. Choose the correct answer below. The y-intercept is the number of banks in 1985 The y-intercept is the number of banks in 2003 The y-intercept is the number of banks in 1990 The y-intercept is the minimum number of banks allowed in the country The…
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 250x and its monthly cost in dollars is given by C(x) = 200x + 20,000. a. Find the break-even point. b. Graph the revenue and cost equations on the same axes. c. From the graph, estimate the revenue and cost when x = 200. Next question 130,000 120,000- 110.000- 100,000- 90,000- 80 000- a. The break-even point is x = 70,000- 60,000- 50 000- 40.000 30 000- 20.000- 10 000 100 200 200 400 500 Help me solve this View an example Get more help - Clear all Check answer 57 PM hp * %24 esc %23 TUrin 5 8 VVOOONI 1 W E R home Q tab nter D G caps lock A pause B shift t ctri alt alt ctri fn UVE VOUR SMARTPWC PAVIL ON Reviews Wdess- Specs Su HP Pavilion Stream easy. AUDIO BY Bố Entertainment with micro-edoe Screen and Audio by BS0 A compact laptop ormance powered AMD Ryzen 5 with long battery life processor 8 GB DORA system memory Rycen5 4500Uprocessor HD Brighrview micro edge WLED display 512…
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