Systems application Solve and analyze the following problems. Make sure all the steps are properly justified. Correctly use mathematical notation or terminology. Interpret the solution in the context of the problem. An American factory sells grass trimmers. The plant has fixed costs of $ 48,000 per day and variable costs of $ 1,400 per unit produced. The grass trimmers are sell for $ 1,800 each. The cost and income equations are: y = 48,000 + 1,400x (cost) y = 1,800x (income) How many units must be manufactured and sold each day for the company to break even? Plot both equations on the same coordinate plane. Analyze and interpret the regions to the left and right of the breakeven poin
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Systems application
Solve and analyze the following problems. Make sure all the steps are properly justified. Correctly use mathematical notation or terminology. Interpret the solution in the context of the problem.
An American factory sells grass trimmers. The plant has fixed costs of $ 48,000 per day and variable costs of $ 1,400 per unit produced. The grass trimmers are sell for $ 1,800 each. The cost and income equations are:
y = 48,000 + 1,400x (cost)
y = 1,800x (income)
How many units must be manufactured and sold each day for the company to break even? Plot both equations on the same coordinate plane. Analyze and interpret the regions to the left and right of the breakeven point.
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