Question 457199: Another problem I need help with
Suppose for a certain company C(x)= 35x + 300,000 represents the total function, and R(x)=55x represents the total revenue function. Find the total function and break even point.
Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Suppose for a certain company C(x)= 35x + 300,000 represents the total cost function, and R(x)=55x represents the total revenue function. Find the total profit function and break even point.
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Profit = Revenue - Cost
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P(x) = 55x -(35x+300,000)
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P(x) = 20x - 300,000
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Break Even occurs when there is zero profit.
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Solve 20x-300,000 = 0
20x = 300,000
x = 15000
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Cheers,
Stan H.
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