Problem

Break-Even Analysis Suppose a certain product sells for a dollars per unit. Then the...

Break-Even Analysis Suppose a certain product sells for a dollars per unit. Then the revenue from selling x units of the product is ax dollars. If the cost of producing each unit of the product is b dollars and the company has overhead costs of c dollars, then the total cost of producing x units of the product is bx + c dollars. (Note: Revenue is the amount of money received from the sale of the product. The values of a, b, and c are called the marginal revenue, marginal cost, and fixed cost, respectively. The break-even point is the value of x for which the revenue equals the total cost.) Write a program that requests the marginal revenue, marginal cost, fixed cost, and number of units of the product produced and sold (x) and then displays one of the following three outputs: Profit, Loss, or Break Even. See Fig. 4.32.

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Solutions For Problems in Chapter 4.3