Give me the answer of this question. Please include the graph. Take any value but the graph must needed C(x) = 156 + 19.7x Cost function R (x) = x(94.8 - 5x) Revenue function a. Sketch the graphs of both functions in the same coordinate system. b. Break-even points are the production levels at which R(x) = C(x). Find the break-even points algebraically. c. Recall that a loss occurs if R(x) < C(x) and a profit occurs if R(x) > C(x). For what values of x (to the nearest thousand cameras) will a loss occur? A profit?
Give me the answer of this question. Please include the graph. Take any value but the graph must needed C(x) = 156 + 19.7x Cost function R (x) = x(94.8 - 5x) Revenue function a. Sketch the graphs of both functions in the same coordinate system. b. Break-even points are the production levels at which R(x) = C(x). Find the break-even points algebraically. c. Recall that a loss occurs if R(x) < C(x) and a profit occurs if R(x) > C(x). For what values of x (to the nearest thousand cameras) will a loss occur? A profit?
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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Give me the answer of this question. Please include the graph. Take any value but the graph must needed
C(x) = 156 + 19.7x Cost function R (x) = x(94.8 - 5x) Revenue function
a. Sketch the graphs of both functions in the same coordinate system .
b. Break-even points are the production levels at which R(x) = C(x). Find the break-even points algebraically.
c. Recall that a loss occurs if R(x) < C(x) and a profit occurs if R(x) > C(x). For what values of x (to the nearest thousand cameras) will a loss occur? A profit?
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