Find the break-even point for the firm whose cost function C and revenue function R are given. C(x) = 5x + 10,000 R(x) = 15x

asked Oct 24, 2017 5.9k views

5 votes

Find the break-even point for the firm whose cost function C and revenue function R are given.

C(x) = 5x + 10,000

R(x) = 15x

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2 votes

the solution is
to find x, C(x) = R(x)
5x + 10,000 = 15x
10,000 = 10x, so x = 1,000

Naota answered Oct 29, 2017

by Naota

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