The cost to produce x units of wire is C=30x +500, while the revenue is R = 40x. Find the interval where the product will at lea

Question

2 years ago

10

st break even.

1 answer:

natulia [17] · Answer 1 · 2022-11-05T22:13:29+03:00

The break even point is the point where the cost and the revenue are equal

The break even point is at x = 50

<h3>How to determine the break even interval</h3>

The functions are given as:

C(x) = 30x + 500 --- cost function

R(x) = 40x ---- revenue function

At the break even, we have:

R(x) = C(x)

So, the equation becomes

40x = 30x + 500

Subtract 30x from both sides

10x = 500

Divide both sides by 10

x = 50

Hence, the break even point is at x = 50