Question

if the total cost for producing widgets can be represented by TC = 8,000 + 0.75X, where X is the number of widgets produced and total revenue can be represented by TR = 4X, what is the breakeven value for number of widgets produced?

Answer 1

Answer: The breakeven value for the number of widgets produced is 2462.

Step-by-step explanation:

The Breakeven point is the point where the total revenue of a particular firm is equal to the total cost of that firm,

TR = TC

4X = 8000 + 0.75X, where X is number of widgets produced

3.25X = 8000

X =
`(800000)/(325)`

X = 2462

So, this is the breakeven value for the number of widgets produced.