Can anyone explain how to solve this, please?

A publishing company has a weekly cost equation of C = 94,000 + 15x and a weekly revenue equation of R = 25x, where x is the number of books produced and sold in a week. The company loses money when R

Question

Can anyone explain how to solve this, please?

A publishing company has a weekly cost equation of C = 94,000 + 15x and a weekly revenue equation of R = 25x, where x is the number of books produced and sold in a week. The company loses money when R < C (the company breaks even when R = C). At what sales point does the company lose money?

anonymous · Answer

Ok are you allowed to use a graphing calculator? If you can just graph the function C and R. Then find where it intersects, that intersection point is the point where C=R. So which means that anything below that point, the company is losing money, and anything above that point, the company is making money.

anonymous · Answer

I don't have one, Sorry

anonymous · Answer

Ok then you could set C = R meaning set 94000+15x=25x and find x. That x is the x-value of the intersection point so find the y-value by plugging x back into either equation.

anonymous · Answer

I got x = 9400
What did you mean by finding the y-value?