SOLUTION: I'm not sure how to do this, because we didn't go over it in my class. I'm guessing its a bonus problem.
Given the cost function C(x) = 2700 + 31x and the revenue function R(x)
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-> SOLUTION: I'm not sure how to do this, because we didn't go over it in my class. I'm guessing its a bonus problem.
Given the cost function C(x) = 2700 + 31x and the revenue function R(x)
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Question 259791: I'm not sure how to do this, because we didn't go over it in my class. I'm guessing its a bonus problem.
Given the cost function C(x) = 2700 + 31x and the revenue function R(x) = 49x, find the number of units that must be old to break even. Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! Being a bonus question means you should hunt around for an answer.
Since you are on the net, you could have GOOGLed breakeven, cost, revenue, etc. and found out that for break even, cost=revenue
Now solve it.
Find x.
