Break-Even Analysis Producing x units of tacos costs C(x) = 3x + 30; revenue is R(x) = 18x, where C(x) and R(x) are in dollars. (a) What is the break-even quantity? (b) What is the profit from 70 units? (c) How many units will produce a profit of $600?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.7: Solving Inequalities
Problem 92E
icon
Related questions
Question

Break-Even Analysis Producing x units of tacos costs C(x) = 3x + 30; revenue is R(x) = 18x, where C(x) and R(x) are in dollars.

(a) What is the break-even quantity?

(b) What is the profit from 70 units?

(c) How many units will produce a profit of $600?

Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Quadratic Equations
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill