Question

the accounting department for a firm has provided a cost function C(x)=280z+6440. The sales department has...

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

0 0
Add a comment Improve this question Transcribed image text
Answer #1

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

Add a comment
Know the answer?
Add Answer to:
the accounting department for a firm has provided a cost function C(x)=280z+6440. The sales department has...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT