A manufacturer of a product sells all that is produced. The total revenue is given by TR=7q, and total cost TC=6q+1,188, where q represents the number of units produced and sold. The level of production at the break-even point if the total cost increases by 5% is: Note: Write your answer correct to 0 decimal place.

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Chapter6: Proudction Costs
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Question 2
A manufacturer of a product sells all that is produced. The total revenue is given by
TR=7q, and total cost TC=6q+1,188, where a represents the number of units produced
and sold. The level of production at the break-even point if the total cost increases by
5% is:
Note: Write your answer correct to 0 decimal place.
Moving to another question will save this response
Transcribed Image Text:Question 2 A manufacturer of a product sells all that is produced. The total revenue is given by TR=7q, and total cost TC=6q+1,188, where a represents the number of units produced and sold. The level of production at the break-even point if the total cost increases by 5% is: Note: Write your answer correct to 0 decimal place. Moving to another question will save this response
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