Answer:
1 out of 3 times more likley but
Step-by-step explanation:
Answer:
x = 57,542.8571
Step-by-step explanation:
C(x) = 0.81x + 60,420
R(x) = 1.87x
At break even point, Cost function and revenue function becomes equal.
-> C(x) = R(x)
-> 0.81x + 60,420 = 1.87x
-> 60420 = 1.87x - 0.82x
-> 60420 = 1.05x
-> x = 60420/1.05
-> x = 57,542.8571
Thus, at break even point x = 57,542.8571
Answer:
12.3-7.9x
Step-by-step explanation:
8.9+3.4=12.3
-1.4x+(-6.5x)=-7.9x
The foreign investment is problematic for the economy of a transitioning country because it provides profit to the foreign investors only. They use cheap labor of the developing country. Moreover, the local producers and investors are directly harmed. The major profits are going in the pockets of the other nation's investors. This also causes inflation in the country.