Given the cost function C ( x ) = 0.84 x + 62 , 370 and the revenue function R ( x ) = 1.83 x , find the break-even point.

Question

Given the cost function  C ( x ) = 0.84 x + 62 , 370  and the revenue function  R ( x ) = 1.83 x , find the break-even point.

Philip P. · Accepted Answer

Break even occurs when Revenue = Cost:1.83x = 0.84x + 62,370Solve for x.

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