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 and cost when
x=200. the revenue is $ When x=200 the cost is $ .
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)
3.3.33-BE Question Help An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 180x and its monthly cost in dollars is given by C(x) = 135x + 12,150. 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 = 135. OO 56,700- 48,600 a. The break-even point is x= 40,5007 32,4001 24,3004 16,2007 8,100...
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....
The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even Rx)200x-x2 C)5x+8750:0sxs100 The manufacturer must produce units to break even.
The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even. R(x) = 200x - 2x2 ; C(x) = - x2 + 5x + 8450 ; 0 ≤ x ≤100 The manufacturer must produce --------------- units to break even.
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...
The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even. R(x)=200x- x2, C(x)=20x+6500, 0 less than or equals X less than or equals 100.The manufacturer must produce ---- units to break even.
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