Question 460485: Hard problem, please help!
Suppose that for a certain company c(x)=45x+300,000 represents the total cost function and R(x)=65x represents the total revenue function. find the total profit and break even point.
a) 20x+300,000
b) 20x-300,000
c) 110 x+300,000
break even point is____,_____
Thank you
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Suppose that for a certain company c(x)=45x+300,000 represents the total cost function and R(x)=65x represents the total revenue function. find the total profit and break even point.
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Break-even occurs when cost = revenue
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Solve:
45x+300,000 = 65x
20x = 300,000
x = 15000
break even point is x = 15000
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Profit = revenue - cost
Profit: 65x-(45x+300,000)
Profit: 20x-300,000
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Cheers,
Stan H.
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a) 20x+300,000
b) 20x-300,000
c) 110 x+300,000
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