Question: Suppose the cost function associated with a product is C ( x ) = cx + F dollars and the revenue function is R (

Suppose the cost function associated with a product isC(x) =cx+Fdollars and the revenue function isR(x) =sx,

wherecdenotes the unit cost of production,sthe unit selling price,Fthe fixed cost incurred by the firm, andxthe level of production and sales. Find the break-even quantity and the break-even revenue in terms of the constantsc,s, andF.

a) break-even quantity___ units

b) break-even revenue____ $

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