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Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) through (d) below. R(x) = -x + 12x, C(x)=x+24 Identify the y-intercept of C(x). The y-intercept of C(x) is at y = 24. (Simplify your answer.) Graph both functions. Use the graphing tool to graph the functions. (b) Find the minimum break-even quantity. Using the expressions -x+12x and/or x+ 24, identify an equation to be solved in order to find the minimum break-even quantity. (Type an equation.)

Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) through (d) below. R(x) = -x + 12x, C(x)=x+24 Identify the y-intercept of C(x). The y-intercept of C(x) is at y = 24. (Simplify your answer.) Graph both functions. Use the graphing tool to graph the functions. (b) Find the minimum break-even quantity. Using the expressions -x+12x and/or x+ 24, identify an equation to be solved in order to find the minimum break-even quantity. (Type an equation.)

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 8T
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Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) through (d) below. = -x+12x, C(x)=x+24 Identify the y-intercept of C(x). The y-intercept of C(x) is at y = 24 (Simplify your answer.) Graph both functions. Use the graphing tool to graph the functions. (b) Find the minimum break-even quantity. Using the expressions - x+12x and/or x + 24, identify an equation to be solved in order to find the minimum break-even quantity. (Type an equation.) Enter your answer in the answer box and then click Check Answer. 5 parts remaining Cle Type here to search
Transcribed Image Text:Let C(x) be the cost to produce x batches of widgets, and let R(x) be the revenue in thousands of dollars. Complete parts (a) through (d) below. = -x+12x, C(x)=x+24 Identify the y-intercept of C(x). The y-intercept of C(x) is at y = 24 (Simplify your answer.) Graph both functions. Use the graphing tool to graph the functions. (b) Find the minimum break-even quantity. Using the expressions - x+12x and/or x + 24, identify an equation to be solved in order to find the minimum break-even quantity. (Type an equation.) Enter your answer in the answer box and then click Check Answer. 5 parts remaining Cle Type here to search
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