SOLUTION: The revenue function for a school group selling n bookmarks is given by R(n) = 2n, and the total cost function is given by C(n) = 144+0.8n. Determine the number of bookmarks that n
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-> SOLUTION: The revenue function for a school group selling n bookmarks is given by R(n) = 2n, and the total cost function is given by C(n) = 144+0.8n. Determine the number of bookmarks that n
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Question 1034384: The revenue function for a school group selling n bookmarks is given by R(n) = 2n, and the total cost function is given by C(n) = 144+0.8n. Determine the number of bookmarks that need to be sold for the school group to break even Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The revenue function for a school group selling n bookmarks is given by R(n) = 2n, and the total cost function is given by C(n) = 144+0.8n. Determine the number of bookmarks that need to be sold for the school group to break even
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Break even implies revenue = cost
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2n = 144+0.8n
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1.2n = 144
n = 144/1.2 = 1440/12 = 120
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Cheers,
Stan H.
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