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3.3.33-BE Question Help An insurance company claims that for x thousand policies, its monthly revenue in...
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given...
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x)=250x and its monthly cost in dollars is given by C(x)=200x+20,000. a. Find the break-even point. b. Graph the revenue and cost equations on the same axes. c. From the graph, estimate the revenue and cost when x=200. a. The break-even point is = . b. Graph the revenue and cost equations on the same axes. c. From the graph, estimate the revenue...
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given...
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(c)=125x and its monthly cost in dollars is given by C(x) = 100x + 5000 1 Find the break-even point 2 Graph the revenue and cost equations on the same axes 3 From the graph, estimate the revenue and cost when x = 100 (100,000 policies)
ework: Homework Sec3.3 :0 of 1 p Bus Econ 3.3.19 4 8 of 12 (5 HIN...
ework: Homework Sec3.3 :0 of 1 p Bus Econ 3.3.19 4 8 of 12 (5 HIN Score: 3333%. 4oft2pt ai Choone the comect orla for C vo Cao 0 77 73 56 GHK Math1170-81: Spring 2019 Business Math Homework: Homework Score: 0 of 1 pt Bus Econ 3.3.33 Sec3.3 9 of 12 (5 co An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) 160x and its monthly cost in dollars is...
The point at which a company cost equals its revenue is its break even point. C...
The point at which a company cost equals its revenue is its break even point. C represents the cost, in dollars of of x units of a product abd R represents the revenue in dollars from the sale of x units. Find the number of units that must be produced and sold in order to break even. That is find the value of x for which C=R. C=13x+42,000 and R = 16x. How many units must be produced and sold...
(a) The total cost, in millions of dollars, of producing x thousand units of an item...
(a) The total cost, in millions of dollars, of producing x thousand units of an item is C(x) = 4(x - 5)2 + 4. Plot at least 2 points on the function C(x) with x on the horizontal axis. Then click Connect Points. Plot the vertex and 2 additional points. Vertex Point Connect Points Delete Reset Vertex 2 9.3, 20.9 (b) The revenue (in millions of dollars) from selling x thousand units of the item is R (X) = 5x....
please show step 6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the...
please show step
6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from the sale of the first 10 helicopters.
6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from...
The point at which a company's costs equals its revenue is the break-even. C represents cost,...
The point at which a company's costs equals its revenue is the break-even. C represents cost, in dollars, of x units of a product. R represents the revenue, in dollars, for the sale of x units. Find the number of units that must be produced and sold in order to break even. C = 1 5x + 1 2,000 R = 18x-6000 OA. 545 OB. 12,000 C. 6000 D 800
please help Best Eastern Motel is a regional motel chain. Its rooms rent for $120 per...
please help
Best Eastern Motel is a regional motel chain. Its rooms rent for $120 per night. The cost is $60 a room with fixed costs of $480,000. a) Determine the revenue R from renting x rooms b) Determine the cost C of renting x rooms c) Determine the profit P of renting x rooms d) Determine the break-even point and Comment e) Graph R and C together and label the break-even point. Label the fixed costs on the graph....
Big Time Investor Group is opening an office in Portland, Oregon, Fixed monthly costs are office...
Big Time Investor Group is opening an office in Portland, Oregon, Fixed monthly costs are office rent ($8,000), depreciation on office furniture ($1,800), utilities ($2,000), special telephone lines ($1.000), a connection with an online brokerage service ($2,600), and the salary of a financial planner ($19,600). Variable costs include payments to the financial planner (9% of revenue), advertising (11% of revenue), supplies and postage (4% of revenue), and usage fees for the telephone lines and computerized brokerage service (6% of revenue)....
Question 1: Company X sells product B Unit sales revenue of product B is 15 TL...
Question 1: Company X sells product B Unit sales revenue of product B is 15 TL Unit variable cost for product B is 12 TL Total fixed cost of Company X is 600.000 TL Required: a) Calculate contribution margin ratio for product B. b) Calculate the revenue to be earned in order to yield an operating income of 120.000 TL Use contribution margin method. c) What is total revenue at Break Even Point? Use any method you like. Question 2:...
ework: Homework Sec3.3 :0 of 1 p Bus Econ 3.3.19 4 8 of 12 (5 HIN Score: 3333%. 4oft2pt ai Choone the comect orla for C vo Cao 0 77 73 56 GHK Math1170-81: Spring 2019 Business Math Homework: Homework Score: 0 of 1 pt Bus Econ 3.3.33 Sec3.3 9 of 12 (5 co An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) 160x and its monthly cost in dollars is...
(a) The total cost, in millions of dollars, of producing x thousand units of an item is C(x) = 4(x - 5)2 + 4. Plot at least 2 points on the function C(x) with x on the horizontal axis. Then click Connect Points. Plot the vertex and 2 additional points. Vertex Point Connect Points Delete Reset Vertex 2 9.3, 20.9 (b) The revenue (in millions of dollars) from selling x thousand units of the item is R (X) = 5x....
please show step
6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from the sale of the first 10 helicopters.
6. An aircraft company estimates its marginal revenue function for helicopters to be MR(x) = (x + 40)Vr2 + 80x thousand dollars where x is the number of helicopters sold. Find the total revenue from...
The point at which a company's costs equals its revenue is the break-even. C represents cost, in dollars, of x units of a product. R represents the revenue, in dollars, for the sale of x units. Find the number of units that must be produced and sold in order to break even. C = 1 5x + 1 2,000 R = 18x-6000 OA. 545 OB. 12,000 C. 6000 D 800
please help
Best Eastern Motel is a regional motel chain. Its rooms rent for $120 per night. The cost is $60 a room with fixed costs of $480,000. a) Determine the revenue R from renting x rooms b) Determine the cost C of renting x rooms c) Determine the profit P of renting x rooms d) Determine the break-even point and Comment e) Graph R and C together and label the break-even point. Label the fixed costs on the graph....
Big Time Investor Group is opening an office in Portland, Oregon, Fixed monthly costs are office rent ($8,000), depreciation on office furniture ($1,800), utilities ($2,000), special telephone lines ($1.000), a connection with an online brokerage service ($2,600), and the salary of a financial planner ($19,600). Variable costs include payments to the financial planner (9% of revenue), advertising (11% of revenue), supplies and postage (4% of revenue), and usage fees for the telephone lines and computerized brokerage service (6% of revenue)....
Question 1: Company X sells product B Unit sales revenue of product B is 15 TL Unit variable cost for product B is 12 TL Total fixed cost of Company X is 600.000 TL Required: a) Calculate contribution margin ratio for product B. b) Calculate the revenue to be earned in order to yield an operating income of 120.000 TL Use contribution margin method. c) What is total revenue at Break Even Point? Use any method you like. Question 2:...
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