The point at which a company’s profits equal zero is called the company’s break-even point . For Problems 43 and 44, let R represent a company’s revenue, let C represent the company’s costs, and let x represent the number of units produced and sold each day. a. Find the firm’s break-even point; that is, find x so that R = C . b. Find the values of x such that R ( x ) > C ( x ) . This represents the number of units that the company must sell to earn a profit. R ( x ) = 8 x C ( x ) = 4.5 x + 17 , 500
The point at which a company’s profits equal zero is called the company’s break-even point . For Problems 43 and 44, let R represent a company’s revenue, let C represent the company’s costs, and let x represent the number of units produced and sold each day. a. Find the firm’s break-even point; that is, find x so that R = C . b. Find the values of x such that R ( x ) > C ( x ) . This represents the number of units that the company must sell to earn a profit. R ( x ) = 8 x C ( x ) = 4.5 x + 17 , 500
The point at which a company’s profits equal zero is called the company’s break-even point. For Problems 43 and 44, let
represent a company’s revenue, let
represent the company’s costs, and let
represent the number of units produced and sold each day.
a. Find the firm’s break-even point; that is, find
so that
.
b. Find the values of
such that
. This represents the number of units that the company must sell to earn a profit.
A Problem Solving Approach To Mathematics For Elementary School Teachers (13th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY