Calculus
10th Edition
ISBN: 9781285057095
Author: Ron Larson, Bruce H. Edwards
Publisher: Cengage Learning
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Chapter P, Problem 34RE
Break-Even Analysis A contractor purchases a piece of equipment for $36,500 that costs an average of $9.25 per hour for fuel and maintenance. The equipment operator is paid $13.50 per hour, and customers are charged $30 per hour.
(a) Write a linear equation for the cost C of operating this equipment for t hours.
(b) Write a linear equation for the revenue R derived from t hours of use.
(c) Find the break-even point for this equipment by finding the time at which
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