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Mathematics 22 Online
OpenStudy (anonymous):

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

OpenStudy (anonymous):

I'm thinking Profit would equal Revenue - Cost, is that right?

OpenStudy (anonymous):

I honestly don't know, I'm guessing at this

OpenStudy (anonymous):

oh yeah you are right thanks a lot

OpenStudy (anonymous):

yw, I don't know that you need calculus. How do you finish the problem?

OpenStudy (anonymous):

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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