Problem

Work the following problem. (See Example.)The profit (in millions of dollars) from the sal...

Work the following problem. (See Example.)

The profit (in millions of dollars) from the sale of x million units of Blue Glue is given by P(x) = .7x - 25.5. The cost is given by C(x) = .9x + 25.5.

(a) Find the revenue equation.


(b) What is the revenue from selling 10 million units?


(c) What is the break-even point?

Example

Find the break-even point for the company in Example 6.

Step-by-Step Solution

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