Problem

Work the following problem. (See Example.)The revenue (in millions of dollars) from the sa...

Work the following problem. (See Example.)

The revenue (in millions of dollars) from the sale of x units at a home supply outlet is given by R(x) = .21x. The profit (in millions of dollars) from the sale of x units is given by P(x) = .084x - 1.5.

(a) Find the cost equation.


(b) What is the cost of producing 7 units?


(c) What is the break-even point?

Example

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

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