Problem

Economics—Profit Analysis: Suppose that the revenue and cost functions for a certain produ...

Economics—Profit Analysis: Suppose that the revenue and cost functions for a certain product are given by

R(x) = 18x − 0.08x 2 and C(x) = 5x + 275

(a) Graph R and C in the same viewing window.


(b) Use algebra or the Intersect command on your calculator to determine the breakeven point.


(c) Determine how much revenue must be generated to reach the break-even point.

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