document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=86173>Question 86173</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Business and finance. The cost of producing a number of items x is given by C=mx + b, in which b is the fixed cost and m is the varible cost (the cost of producing one more item).\r<BR>\n" );
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document.write( "a) if the fixed cost is $40 and the variable cost is $10, write the cost equation. \r<BR>\n" );
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document.write( "b) Graph the cost equation.\r<BR>\n" );
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document.write( "c) The revenue generated from the sale of x items is given by R= 50x. Graph the revenue equation on the same set of axes as the cost equation.\r<BR>\n" );
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document.write( "d) How many item must be produced for the revenue to equal the cost (the break-even point)?\r<BR>\n" );
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document.write( "The only thing that I figured out was a) C= 10x + 40 \r<BR>\n" );
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document.write( "I will really apreaciate your help with this problem.\r<BR>\n" );
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document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #62278 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=62278\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Business and finance. The cost of producing a number of items x is given by C=mx + b, in which b is the fixed cost and m is the varible cost (the cost of producing one more item).\r<BR>\n" );
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document.write( "a) if the fixed cost is $40 and the variable cost is $10, write the cost equation. <BR>\n" );
document.write( "Cost = 10x + 40<BR>\n" );
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document.write( "b) Graph the cost equation.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=graph%28400%2C300%2C-5%2C5%2C-50%2C50%2C10x%2B40%29 ALIGN=MIDDLE  ALT=\"graph%28400%2C300%2C-5%2C5%2C-50%2C50%2C10x%2B40%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "------------------------\r<BR>\n" );
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document.write( "c) The revenue generated from the sale of x items is given by R= 50x. Graph the revenue equation on the same set of axes as the cost equation.<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=graph%28400%2C300%2C-5%2C5%2C-50%2C50%2C50x%2C10x%2B40%29 ALIGN=MIDDLE  ALT=\"graph%28400%2C300%2C-5%2C5%2C-50%2C50%2C50x%2C10x%2B40%29\"   DISABLED_style= \"max-width:90%; height:auto;\" ><BR>\n" );
document.write( "----------------------------\r<BR>\n" );
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document.write( "d) How many items must be produced for the revenue to equal the cost (the break-even point)?<BR>\n" );
document.write( "Cost = Revenue<BR>\n" );
document.write( "10x+40 = 50x<BR>\n" );
document.write( "40x=40<BR>\n" );
document.write( "x=1 (one item must be produced to break even.<BR>\n" );
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document.write( "Cheers,<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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