SOLUTION: The cost functions is given by C=30x +10,000 and the revenue is given by R=46x. Find the number of units that must be sold to break even.
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The breakeven point happens when
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The breakeven point happens when
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Question 162110: The cost functions is given by C=30x +10,000 and the revenue is given by R=46x. Find the number of units that must be sold to break even.
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The breakeven point happens when your cost is the same as your revenue (sales).
C(x)=R(x)
30x+10000=46x
30x-30x+10000=46x-30x
0+10000=16x
10000/16=16x/16
625=x
They must sell 625 units to breakeven
Check:
C(625)=30(625)+10,000=28,750
R(625)=46(625)=28,750
yes we are right! Answer by eperette(173) (Show Source):
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