SOLUTION: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point.
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-> SOLUTION: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point.
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Question 1036312: Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point. Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Given the following Revenue and Cost Functions:
Revenue = -8.0X2 + 200.0X
Cost = 45.0X + 20.0
Find the Highest Breakeven Point.
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Breakeven occurs when Revenue = Cost
-8.0x^2 + 200x = 45x + 20
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8x^2 -155x + 20 = 0
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Use the Quadratic Formula to get::
x = 15.25
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