Answer:
240
Step-by-step explanation:
Given:
The cost function for canoes, c(x) = 24,000 + 100x
Revenue function for canoes, R(x) = 200x
here, x is the number of canoes sold
Fixed cost = $24,000
Cost of production = $100
now at break even point, Revenue = cost
thus,
200x = 24,000 + 100x
or
100x = 24,000
or
x = 240 canoes
Hence, at breakeven, the number of canoes sold is 240