document.write( "Question 153209: Can someone help me out, please? Thank you!\r
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document.write( "The owners of a parking garage have determined that their weekly revenue and cost in dollars are given by the following:\r
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document.write( "R(x) = 56x - 2x^2
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document.write( "C(x) = 24x + 101\r
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document.write( "find the break even point. \n" );
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Algebra.Com's Answer #112727 by jim_thompson5910(35256) ![]() You can put this solution on YOUR website! Remember, \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Profit = Revenue - Cost\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "which is symbolically:\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now the break even point occurs when you neither gain money nor lose money. In other words, break even point happens when the profit is zero. So this means that the break even point occurs when \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Notice we have a quadratic equation in the form of \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let's use the quadratic formula to solve for x\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So the answers are \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "which approximate to \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "So the break even points occur when the price is either $4.33 or $11.67 \n" ); document.write( " |