1. The total monthly income of a nursery for the care of x children is given by r = 450x, and its total monthly costs are c = 480x + 4500. a. How many children need to enroll each month to reach break even point? b. In other words, when do revenues equal costs?

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Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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1. The total monthly income of a nursery for the care of x children is given by r = 450x, and its total monthly costs are c = 480x + 4500.
a. How many children need to enroll each month to reach break even point?
b. In other words, when do revenues equal costs?

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