This is the concept of algebra, at breakeven point there are no profits made. Hence, given the profit function
P(x)=15x-6000
at breakeven point the number of units sold will be:
P(x)=0
thus:
0=15x-6000
15x=6000
x=400
the number of units sold at breakeven will be 400 units.
The amount at breakeven wil be:
number of units x price of each unit
=400x20
=$ 8000
The results found are true breakeven point because at these points the company will not be generating any profits because the amount of revenue generated will be equal to the amount of expenses. This means that the difference between revenue and cost will be zero, therefor it satisfies the breakeven point rationale.
Answer:
One solution
Step-by-step explanation:
5x-8 = 3x+8
2x = 16
x = 8 = true once
Considering the scatter plot, the function that best fits the data is given by:
f(x) = 3x².
<h3>What is the function that best fits the data?</h3>
To find the function that best fits the data, we have to look at the scatter plot, which gives a series of points (x,y).
We have that:
- When x increases, y also increases, hence the function is increasing, which removes the option f(x) = -3x.
- The increase looks "faster" than a linear increase, hence a quadratic model should be used, thus removing option f(x) = 3x.
Hence the function that best fits the data is given by:
f(x) = 3x².
More can be learned about scatter plots at brainly.com/question/22968877
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Answer:
80%/100%×$24
Step-by-step explanation:
I don't see any options here so let's work it out.
If all prices are reduced by 20%,it implies that 80% of the original value is charged to the buyer as sales price.
Since original value of the pants is $24-100%
then sales value(80%)=(80%/100%×$24)
The answer is 10 fluid ounces. 1000 divided by 10 = 100 so if you multiply 0.1 by 100 you get 10. So therefore, 1,000 drops is equal to 10 fluid ounces