SOLUTION: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 170.0X
Cost = 3.0X2 + 35.0X + 60.0
Find the Largest Breakeven Value of X.
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Question 1036313: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 170.0X
Cost = 3.0X2 + 35.0X + 60.0
Find the Largest Breakeven Value of X.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Revenue = -8.0X2 + 170.0X
Cost = 3.0X2 + 35.0X + 60.0
Find the Largest Breakeven Value of X.
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-8x^2 + 170x = 3x^2 + 35x + 60
------
11x^2 -135x + 60 = 0
------
x = 11.81
------
Cheers,
Stan H.
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