SOLUTION: Greg is opening a car wash. He estimates his cost equation as c= 6000+0.06x and his revenue equation as  R= 1.85x where x is the number of cars washed in a six-month period. Fin

Algebra ->  Finance -> SOLUTION: Greg is opening a car wash. He estimates his cost equation as c= 6000+0.06x and his revenue equation as  R= 1.85x where x is the number of cars washed in a six-month period. Fin      Log On


   



Question 1089556: Greg is opening a car wash. He estimates his cost equation as c= 6000+0.06x
and his revenue equation as  R= 1.85x where x is the number of cars washed in a six-month period. Find the number of cars that must be washed in a six-month period for Greg to make a profit.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
His profit is +R+-+C+
The break-even point is where +R+=+C+
+1.85x++=+6000+%2B+.06x+
+1.79x+=+6000+
+x+=+3351.96+
3,352 cars/month need to be washed to make a profit