The break-even point occurs where the graphs of C and R intersect. Thus, we find this point by solving the system (x) = 500,000 + 400x |R(x) = 600x [y = 500,000 + 400x or ly = 600x. Using the substitution method, we can substitute 600x for y in the first equation. 600x = 500,000 + 400x Substitute 600x for y in y= 500,000 + 400x. 200x 500,000 Subtract 400x from both sides. x = 2500 Divide both sides by 200. Back-substituting 2500 for x in either of the system's equations (or functions), we obtain R(2500) = 600(2500) = 1,500,000. We used R[x) = 60ox.
The break-even point occurs where the graphs of C and R intersect. Thus, we find this point by solving the system (x) = 500,000 + 400x |R(x) = 600x [y = 500,000 + 400x or ly = 600x. Using the substitution method, we can substitute 600x for y in the first equation. 600x = 500,000 + 400x Substitute 600x for y in y= 500,000 + 400x. 200x 500,000 Subtract 400x from both sides. x = 2500 Divide both sides by 200. Back-substituting 2500 for x in either of the system's equations (or functions), we obtain R(2500) = 600(2500) = 1,500,000. We used R[x) = 60ox.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter13: Conic Sections
Section13.5: Systems Involving Nonlinear Equations
Problem 39PS
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning