Suppose a company has fixed costs of $400 and variable costs per unit of x + 1350 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1400 Find the break-even points. (Enter your answers as a comma-separated list.) dollars per unit.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
15
Suppose a company has fixed costs of $400 and variable costs per unit of 1 5x + 1350 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1400-1 -x dollars per unit.
Find the break-even points. (Enter your answers as a comma-separated list.)
Transcribed Image Text:15 Suppose a company has fixed costs of $400 and variable costs per unit of 1 5x + 1350 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 1400-1 -x dollars per unit. Find the break-even points. (Enter your answers as a comma-separated list.)
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax