Question

Given the cost function Upper C (x )and the revenue function Upper R (x )​, find the number of units x that must be sold to break even. Upper C (x )equals15xplus24 comma 000 and Upper R (x )equals17x.

Answer 1

12,000 units

Explanation:

Let's first set the equations straight:

C(x) = 15*x + 24000

R(x) = 17*x

Now to break even, the revenue must be equal to the cost:

C(x) =R(x)

15*x + 24000 = 17*x

24000 = 17*x - 15*x

24000 = 2*x

24000/2 = x

12,000 = x