Question

A company produces boxes. the company sells the boxes for $12.50 each. The company estimates the cost of producing x boxes as $(9.5x+45).
Calculate:
The number of boxes which must be produced and sold for the firm to 'break-even' (revenue=cost).

Answer 1

hmmm....

Answer 2

Ok, so the cost function is
\[C(x) = 9.5x + 45\]

With x being the number of units. If they make 12.5 per unit and they make x units, what will their revenue be?

Answer 3

Then take the Revenue function and set it equal to the cost function and see what x is to break even.

Answer 4

would this be the equation:
12.5x = 9.5x+45
then solve for x?

Answer 5

Yes

Answer 6

Yes.

Answer 7

thank you !

Answer 8

And you should get 15 for the number of boxes

Answer 9

yea

Answer 10

yes I got that thank you !