Question

Select all the correct locations on the image.

The revenue and cost functions for a product line of running shoes are shown on the graph. Which points on the graph are considered
breakeven points?
Total (dollars)
-5,000
4,000
3,000
+2,000/
+1,000
20
C(x)
Reset
27.
40
60
80
Price per Shoe (dollars)
Next
R(x)
100
120

Answer 1

1) 4,000

2) 3,000

3) 20

4) 27

5) 40

6) 60

7) 80

8) 100

9) 120

Explanation:

Answer 2

The points (40, 4500) and (80, 4500) on the graph that are considered breakeven points

Which points on the graph are considered breakeven points?

From the question, we have the following parameters that can be used in our computation:

The graph

The points on the graph that re considered breakeven points are the points that the revenue and the cost functions intersect

In this case, the points are

(40, 4500) and (80, 4500)

Hence, the points on the graph that are considered breakeven points are (40, 4500) and (80, 4500)