Question 214078: C(x) = 20x + 10,000
R(x) = 100x
Find the profit function
Find the breakeven point
Answer by nerdybill(7384)   (Show Source):
You can put this solution on YOUR website! C(x) = 20x + 10,000
R(x) = 100x
Find the profit function
Profit is revenue - cost
or
P(x) = R(x) - C(x)
P(x) = 100x - (20x + 10,000)
P(x) = 100x - 20x - 10,000
P(x) = 80x - 10000
.
Find the breakeven point
We break even when cost = revenue
R(x) = C(x)
100x = 20x + 10,000
80x = 10000
x = 125
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