An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 250x and its monthly cost in dollars is given by C(x) = 200x+ 20,000. a. Find the break-even point. b. Graph the revenue and cost equations on the same axes. c. From the graph, estimate the revenue and cost when x= 200. Next question 130,000- 120,000- 110,000- 100,000- 90,000- 80 000- 70,000- 60,000- 50.000- 40,000- 30 000- 20.000- a. The break-even point is x= 10.000- 100 200 300 400 500

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 250x
and its monthly cost in dollars is given by C(x) = 200x + 20,000.
a. Find the break-even point.
b. Graph the revenue and cost equations on the same axes.
c. From the graph, estimate the revenue and cost when x = 200.
Next question
130,000
120,000-
110.000-
100,000-
90,000-
80 000-
a. The break-even point is x =
70,000-
60,000-
50 000-
40.000
30 000-
20.000-
10 000
100 200
200 400 500
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Transcribed Image Text:An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 250x and its monthly cost in dollars is given by C(x) = 200x + 20,000. a. Find the break-even point. b. Graph the revenue and cost equations on the same axes. c. From the graph, estimate the revenue and cost when x = 200. Next question 130,000 120,000- 110.000- 100,000- 90,000- 80 000- a. The break-even point is x = 70,000- 60,000- 50 000- 40.000 30 000- 20.000- 10 000 100 200 200 400 500 Help me solve this View an example Get more help - Clear all Check answer 57 PM hp * %24 esc %23 TUrin 5 8 VVOOONI 1 W E R home Q tab nter D G caps lock A pause B shift t ctri alt alt ctri fn UVE VOUR SMARTPWC PAVIL ON Reviews Wdess- Specs Su HP Pavilion Stream easy. AUDIO BY Bố Entertainment with micro-edoe Screen and Audio by BS0 A compact laptop ormance powered AMD Ryzen 5 with long battery life processor 8 GB DORA system memory Rycen5 4500Uprocessor HD Brighrview micro edge WLED display 512 GB PCie NVMM2 550 stamers on prodct box 向
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