S stephnj1 New member Joined Aug 1, 2006 Messages 8 Aug 3, 2006 #1 A revenue function is R(x) = 28x and a cost function is C(x) = -15 + 344. The break-even point is: a. (224, 11) b. (8, 224) c. (15, 420) d. (26.5, 741)
A revenue function is R(x) = 28x and a cost function is C(x) = -15 + 344. The break-even point is: a. (224, 11) b. (8, 224) c. (15, 420) d. (26.5, 741)
stapel Super Moderator Staff member Joined Feb 4, 2004 Messages 16,550 Aug 3, 2006 #2 Re: Finite math: R(x) = 28x, C(x) = -15 + 344; break-even pt stephnj1 said: A revenue function is R(x) = 28x and a cost function is C(x) = -15 + 344. The break-even point is.... Click to expand... There is a typo in your "cost" function, I think. Shouldn't there be a variable? Meanwhile, the break-even point is the point at which costs equal revenues. So set the functions equal and solve. If you get stuck, please reply showing your steps and reasoning. Thank you. Eliz.
Re: Finite math: R(x) = 28x, C(x) = -15 + 344; break-even pt stephnj1 said: A revenue function is R(x) = 28x and a cost function is C(x) = -15 + 344. The break-even point is.... Click to expand... There is a typo in your "cost" function, I think. Shouldn't there be a variable? Meanwhile, the break-even point is the point at which costs equal revenues. So set the functions equal and solve. If you get stuck, please reply showing your steps and reasoning. Thank you. Eliz.