Graph C(q) = 3q + 2000 and R(q) = 8q on the same axes and find and label the break-even point, q0. (note you did this in the problem above)
Explain how you know the company will make a profit if the quantity is greater than q0?
Draw the graph on extra paper.Study your graph and choose one of the following.
if q > q0, then R > C so a profit is made.
q > q0, then C > R so a profit is made.
if q < q0, then R > C so a profit is made.
if q < q0, then R < C so a profit is made.
None of these
Graphed using graphing calculator.
Red line is C(q) = 3q + 2000
And Blue l...
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