Question: Use the functions given below to solve the problem. C(x) represents thecost, indollars, of x units of a product andR(x) represents therevenue, indollars, from the

Use the functions given below to solve the problem. C(x) represents thecost, indollars, of x units of a product andR(x) represents therevenue, indollars, from the sale of x units.

Find the number of units that must be produced and sold in order to break even.

C(x)=48,000+43x and R(x)=47x

The number of units that must be produced and sold in order to break even is ___units.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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 General Management Questions!

Use the functions given below to solve the problem. C(x) represents the cost, in dollars, of x units of a product and R(x) represents the revenue, in dollars, from the sale of x units. Find the...

1.Show that the statement is true by using properties of the real numbers. 5x(y9)=5xy45x Rewrite 5x(y9) by multiplying 5x by each term inside the parentheses using the distributive property. Rewrite...

1.Solve the following system by the substitution method 5x+3y=52 x=y+4. (whats the solution set if any) 2.Decide whether the given ordered pair is a solution of the given system.(3,-4) for x+y= -1...

The point at which acompany's costs equal its revenues is the break-even point. C represents thecost, indollars, of x units of a product and R represents therevenue, indollars, from the sale of x...

The point at which acompany's costs equal its revenues is thebreak-even point. C represents thecost, indollars, of x units of a product and R represents therevenue, indollars, from the sale of x...

The point at which acompany's costs equal its revenues is the break-even point. C represents thecost, indollars, of x units of a product and R represents therevenue, indollars, from the sale of x...

Suppose P = 3x + 4y is the objective function (Profit function) in a linear programming (maximization) problem, where x is the number of units of product A and y is the number of units of product B....

Question 1. Suppose P =x+ 2y is the objective function (Profit function) in a linear programming (maximization) problem, where x is the number of units of product A and y is the number of units of...

1) Suppose P = x + 2y is the objective function (Profit function) in a linear programming (maximization) problem, where x is the number of units of product A and y is the number of units of product...

When heated, lithium reacts with nitrogen to form lithium nitride: What is the theoretical yield of Li3N in grams when 12.3 g of Li are heated with 33.6 g of N2? If the actual yield of Li3N is 5.89...

What role do local intermediaries play in helping an outsider complete a project?

Considering behavioural finance, which of the following TWO statements are correct? Stock market bubbles undermine the perfect capital market theory. The momentum effect suggests that investors can...

what is the rationale for the public promotion of transportation ?

4. In what way will relationships in a system influence what is reported?

3. Mention three examples where you distorted information that you had taken from your memory and where others made you aware of the fact that you had distorted the information. Did it create a...

4. Think of two units of information you have received during the course of the day. Connect these two units of information and try to create completely new information that did not exist in the...