Sahra P. answered 09/11/19
Experienced tutor for Math and English
(a) R=C
10x = 6.5x + 8750
10x - 6.5x = 8750
3.5x = 8750
x= 2500
(b) Let profit be p
since profit is calculated by subtracting costs from revenue, we can write p = R-C
At break-even p=0
so R-C = 0
so R=C
from part (a), we know that when R=C, x= 2500.
That is, at break-even, x = 2500
for profit, R(x) > C(x) and hence x>2500