SOLUTION: Given the following Revenue and Cost Functions: Revenue = -8.0X2 + 200.0X Cost = 45.0X + 20.0 Find the Highest Breakeven Point.

Question 1036312: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point.
--------------
Breakeven occurs when Revenue = Cost
-8.0x^2 + 200x = 45x + 20
-------
8x^2 -155x + 20 = 0
-------
Use the Quadratic Formula to get::
x = 15.25
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