Question: Given that TR (x) = 20x and TC (x) = 120 + 10x what is the break-even point (of x)?

Given that TR (x) = 20x and TC (x) = 120 +  

Given that TR (x) = 20x and TC (x) = 120 + 10x what is the break-even point (of x)?

Step by Step Solution

★★★★★

3.39 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The given functions are TRx 20x TCx 120 10x The breake... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

EX 11-3 Differential analysis for a discontinued product Obj. 1 A condensed income statement by product line for Lavonia Beverage Inc. indicated the following for Vim Cola for the past year: Sales...

Q:

An investor owns stock in two firms, A and B: 250 shares of A, with a current market price of $28/share for a total $7,000 investment value, with an expected return this year of 7.5% 400 shares of B,...

Q:

Solve the equation. Give your answer as an integer or a reduced fraction. 2-(-2a + 6) = -2a +9 a =

Q:

Given that TR(q) = 20x and TC (x) = 120 + 10x what is the break-even point

Q:

No explanation is needed, just the answers. 2. [-/1.02 Points] DETAILS ASWQUANT13 1.E.011. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Question Details X QUESTION PARTS 10 11 12 13 14 15 16 17 18...

Q:

1 This assignment covers material from Units 1 to 4 in the Mathematics 244 Study Guide. It is due after Unit 4 in the Study Guide is completed. Total Marks = 150 1. Evaluate each of the following...

Q:

Need excel answers for the question attached using formula ( explaining clearly in excel ) LO 3-1 Cost-Volume-Profit Analysis LO 3-1 Use cost-volume-profit (CVP) analysis to analyze decisions. What...

Q:

could you check my assessment pleas e I have added the question sheet Question 1 Impact of changing price upon revenue and profit A factory worker makes teddy bears. Each teddy bear requires two (2)...

Q:

MANEGERIAL ECONOMICS 1. Optimization: Methods for maximizing or minimizing an objective function. The market is filled with optimization problems. Some of the real-world problems of optimization are...

Q:

MANEGERIAL ECONOMICS Reference: 1. Optimization: Methods for maximizing or minimizing an objective function. The market is filled with optimization problems. Some of the real-world problems of...

Q:

a) What is the arithmetic average return for the stock? What is the arithmetic average return for the risk-free asset? b) What is the risk premium of this stock? Year Stock Price Stock Dividend...

Q:

(a) Let f: C C be differentiable at zo. Considering f as a map R? R?, that f'(zo) = kR where k is a non-negative constant, and R is a 2 x 2 rotation matrix; that is, a matrix of the form prove...

Q:

a y ' ' + y = c o t x . b y ' ' + y = t a n 2 x . c y ' ' + y = s e c x .

Q:

import java.util.TreeSet; import java.util.Stack ; import java.util.Set; import java.util.Iterator ; import java.util.Random ; /** Illustrates basic operations of an iterator on a set. Notice that...

Q:

Southwestern University: (C)* on and on. "A college president just can't win," muttered Wisner to himself. At his staff meeting the following Monday, Wisner turned to his VP of administration, Leslie...

Q:

1. Assume investors expect a 2.0 percent real rate of return over the next year. If inflation is expected to be 0.5 percent, what is the expected nominal interest rate for a one-year U.S. Treasury...

Q:

import java.util.Iterator; import java.util.LinkedList; import java.util.ListIterator; import java.util.Scanner; public class LinkedListTester10 { public static void main(String[] args) { LinkedList...

Q:

Susan and Stan Collins live in Iowa, are married and have two children ages 6 and 10. In 2017, Susan's income is $38,290 and Stan's is $12,000 and both are self-employed. They also have $500 in...

Q:

Describe the evolution of logistics and explain its importance in modern business operations. In your answer, discuss how effective logistics practices can provide a company with a competitive...

Q:

Your son, Charlie, has just turned 15. Charlie plans to go to college to study electronics on his 18th birthday. College is expected to cost Charlie $15,000, $16,000, $17,000, and $18,000 for each of...

Q:

Designer Textiles, Inc., is considering factoring its receivables. The companys average collection period is 60 days, and its average level of receivables is $2.5 million. Designers bad-debt losses...

Q:

Calculate the annual straight-line depreciation for a machine that costs $50,000 and has installation and shipping costs that total $1,000. The machine will be depreciated over a period of 10 years....

Q:

For the burger joint contest described in Exercise 4, how will you combine components to model a trial? What is the response variable? Exercise 4 Your local burger joint gives away a game piece with...

Q:

Major League Baseball tests players to see whether they are using performance-enhancing drugs. Officials select a team at random, and a drug-testing crew shows up unannounced to test all 40 players...

Q:

A proud legislator claims that your state's new law banning texting and hand-held phones while driving reduced occurrences of infractions to less than 10% of all drivers. While on a long drive home...