Explanation Given: Cost function is C ( x ) = 105 x + 6000 . Revenue is R ( x ) = 250 x . Calculation: Obtain the break-even quantity by setting the revenue equal to cost. That is, R ( x ) = C ( x ) . 250 x = 105 x + 6000 250 x − 105 x = 6000 ( Subtract 105 x from both sides ) 145 x = 6000 Divide both sides of the above equation by 145. x = 6000 145 x ≈ 41

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ISBN: 8220102020252

Author: RITCHEY

Publisher: PEARSON

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Chapter 1.2, Problem 40E

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To find: The break-even quantity and profit function.

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Chapter 1.2, Problem 39E

Chapter 1.2, Problem 41E

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EBK FINITE MATHEMATICS AND CALCULUS WIT

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The break-even quantity and profit function.

Solution Summary: The author explains that the break-even quantity is 41 units and the profit function is P(x)=145x-6000.

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