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The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x units are shown in the figure

The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x units are shown in the figure

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter4: Rational Functions And Conics
Section4.2: Graphs Of Rational Functions
Problem 88E
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The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x units are shown in the figure.
The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x units are shown in the figure. y 300 000 250 000 200 000 150 000 100 000 50 000 1000 2000 3000 4000 5000 (a) Estimate the point of intersection. (x, y) = What does this point represent? O The point of intersection represents the break-even point, when cost is double that of the revenue. The point of intersection represents the break-even point, when cost is less than the revenue. O The point of intersection represents the break-even point, when cost is greater than the revenue. O The point of intersection represents the break-even point, when cost is equal to the revenue. (b) Use the figure to identify the x-values that correspond to an overall loss and a profit. Explain. (i) an overall loss There will be an overall loss when x ---Select--- V 2000 because the cost is --Select--- v the revenue. (ii) a profit There will be an overall profit when x ---Select--- v 2000 because the cost is -Select--- the revenue.
Transcribed Image Text:The cost C (in dollars) of producing x units and the revenue R (in dollars) obtained by selling x units are shown in the figure. y 300 000 250 000 200 000 150 000 100 000 50 000 1000 2000 3000 4000 5000 (a) Estimate the point of intersection. (x, y) = What does this point represent? O The point of intersection represents the break-even point, when cost is double that of the revenue. The point of intersection represents the break-even point, when cost is less than the revenue. O The point of intersection represents the break-even point, when cost is greater than the revenue. O The point of intersection represents the break-even point, when cost is equal to the revenue. (b) Use the figure to identify the x-values that correspond to an overall loss and a profit. Explain. (i) an overall loss There will be an overall loss when x ---Select--- V 2000 because the cost is --Select--- v the revenue. (ii) a profit There will be an overall profit when x ---Select--- v 2000 because the cost is -Select--- the revenue.
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