Given the cost function C(x) = 0.85x + 35,000 and the revenue function R(x) = 1.55x, find the break-even point andthe profit function. Graph and explain the part that represents the profit. How do you find the break-even point on the graph. If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, what would this means for the company’s profit margins.
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Given the cost function C(x) = 0.85x + 35,000 and the revenue function R(x) = 1.55x, find the break-even point and
the profit function.
- Graph and explain the part that represents the profit.
- How do you find the break-even point on the graph.
- If you are performing a break-even analysis for a business and their cost and revenue equations are dependent, what would this means for the company’s profit margins.
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