the accounting department for a firm has provided a cost function C(x)=280z+6440. The sales department has provided a revenue function R(x)=350x. Determine the number of items that must be manufactured and sold in order for the firm to break even
C(x) = 280x + 6440
R(x) = 350x
At the break even point, cost will be equal to revenue.
That is C(x) = R(x)
280x + 6440 = 350x
70x = 6440
x = 92
Number of items that must be manufactured and sold in order for the firm to break even = 92
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Find the break-even point for the firm whose cost function
C and revenue function R are given.
C(x) = 90x
+ 20,000; R(x) =
240x
(x, y) =