Question

Find the break-even point for the given cost and revenue equations. Round to the nearest whole unit.. C = 20n + 134,000. R = 160n. a.744c.140. b.180d.957.

Answer 1

The break-even point is when there is no profit and no loss. Given the two equations for cost and revenue, we simply have to equate the two equations to solve for the unknown value, n. This is shown below:

C = 20n + 134000
R = 160n

R = C
160n = 20n + 134000
140n = 134000
n = 957.14

Among the choices, the nearest answer is D. 957.