Break-even means that the revenue and the cost equal to each other. In other words, the profit is 0.
P(x) = R(x) - C(x) = 0
70x = 30x + 1000
then
40x = 1000
x = 25
Alex needs to sell 25 pieces of jewelry to break even.
Tristan O.
asked 11/17/22Alex is selling jewelry. The function R(x)=70xR(x)=70x represents her revenue from selling xx pieces of jewelry. The function C(x)=30x+1,000C(x)=30x+1,000 represents total cost of making x pieces of jewelry. Alex's total profit can be presented by the function P(x)=R(x)−C(x)P(x)=R(x)−C(x).
How many pieces of jewelry should Alex sell in order to break even?
Break-even means that the revenue and the cost equal to each other. In other words, the profit is 0.
P(x) = R(x) - C(x) = 0
70x = 30x + 1000
then
40x = 1000
x = 25
Alex needs to sell 25 pieces of jewelry to break even.
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