Question

This question has several parts that must be completed sequentially. If you skip a part of the question, you will not receive any points for the skipped part, and you will not be able to come back to the skipped part. Tutorial Exercise Determine the profit function for the given revenue function and cost function. Also determine the break- even point. R(x) = 127x; C(x) = 79.5x + 5225 Step 1 Recall that the profit equals revenue less the cost, which implies P(x) = R(x) C AV C(x). The value of x for which R(x) = C(x) is called the break-even point. At the break even point, P(x) = Submit Skip (you cannot come back).

Answer 1

R 127x, C(r)=79.5 5225

profit function is given by

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P=R(x)-C(I)

P(x) 127x (79.5r 5225

P(x)127x- 79.5r 5225

P()47.5- 5225

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to find the break-even point take P(x)=0

PT 0

47.5 52250

47.5 5225

5225 47.5

T= l10
................break-even quantity

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put the value of x in R(x)

$R(x)=127x$

$R(110)=127(110)$

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break-even point is ${\color{Red} (110, 13970)}$