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CALCULUS PROBLEM The cost and revenue functions for a certain firm are given by C(x)=12x+20,000 and R(x)=20x what is the company's break even point
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I'm thinking Profit would equal Revenue - Cost, is that right?
I honestly don't know, I'm guessing at this
oh yeah you are right thanks a lot
yw, I don't know that you need calculus. How do you finish the problem?
so whenever it says break even point I have to use the profit formula? well I just did this 20x-12x+20,000=8x-20,000=0 8x=20,000 x=2500 I have an answer sheet and the answer I got it by using the formula u gave me is the same answer I have it on my answer sheet
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