Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. firm will break even no profit and no loss as long

firm will break even no profit and no loss as long as revenue just equals...

50.1K

Verified Solution

Question

Algebra

image

firm will break even no profit and no loss as long as revenue just equals COST alue of x the number of items produced and sold where C x R x is called he break even point Assume that the below table can be expressed as a linear function Find a the Cost function b the evenue function and c the profit function d Find the break even point and decide whether the product should be produced given the restrictions on sales Fixed cost Variable cost Price of item 30 450 15 According to the restriction no more than 20 units can be sold a The cost function is C x Simplify your answer b The revenue function is R x Simplify your answer c The profit function is P x Simplify your answer d Select the correct choice below and fill in the answer box within your choice Type a whole number OA The break even point is the restriction on sales units Thus the product should be produced given units Thus the product should not be produced B The break even point is given the restriction on sales

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Economics
1.2K views

This week’s discussion topic is about Gross Domestic Product (GDP), Per Capita GDP and Quality of...

Advance Math
1.2K views

In order to apply Green’s theorem, the line integral of the boundary should be evaluated such...

Accounting
1.2K views

January February March Unit data: Beginning Inventory 0 100 100 Production 1,550 1,450 1,500 Sales 1,450 1,450 1,490 Variable Costs: Manufacturing Cost per unit produced $1,000 $1,000 $1,000 Marketing cost per unit sold $700 $700 $700 Fixed Costs: Manufacturing Costs $515,000 $515,000 $515,000 Marketing Costs $140,000 $140,000 $140,000 January February March Unit data: Beginning...

Physics
1.2K views

lid sphere of radius R has a charge Q distributed in its volume with a...

Physics
1.2K views

Two discs of radii Rand 2R are moving with velocities vand 2v in opposite directions...

Basic Math
1.2K views

This survey records how many times a group of people visited a supermarket in January...

Algebra
1.2K views

1 After researching the numbers local officials attempt to correct the fish populations by making...

Algebra
1.2K views

Let the Universal set be the letters a through j U a b i Let...

Accounting
1.2K views

Tempo Company's fixed budget (based on sales of 16,000 units) follows. Compute total variable...

Accounting
1.2K views

QUESTION 1 Brads Market's accountant is preparing its May bank reconciliation and has collected the...

Accounting
1.2K views

The following are Splish Corp's comparative balance sheet accounts at December 31, 2020 and 2019,...

Accounting
1.2K views

Melatore? 4 fleic. 2000 28 sas.89 Melatore? 4 fleic. 2000 28 sas.89