Answered: If a company has total costs C(x) =…

If a company has total costs C(x) = 35,000 + 55x + 0.1x2 and total revenues given by R(x) = 625x − 0.9x2, find the break-even points.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter7: Systems Of Equations And Inequalities

Section7.1: Systems Of Linear Equations: Two Variables

Problem 4SE: If you are solving a break-even analysis and there is no break-even point, explain what this means...

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Question

If a company has total costs

C(x) = 35,000 + 55x + 0.1x²

and total revenues given by

R(x) = 625x − 0.9x²,

find the break-even points.

Expert Solution

Step 1

Given:

C(x) = 35,000 + 55x + 0.1x²

R(x) = 625x − 0.9x²

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