anonymous
  • anonymous
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).
Mathematics
katieb
  • katieb
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anonymous
  • anonymous
hmmm....
anonymous
  • anonymous
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?
anonymous
  • anonymous
Then take the Revenue function and set it equal to the cost function and see what x is to break even.

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anonymous
  • anonymous
would this be the equation: 12.5x = 9.5x+45 then solve for x?
anonymous
  • anonymous
Yes
anonymous
  • anonymous
Yes.
anonymous
  • anonymous
thank you !
anonymous
  • anonymous
And you should get 15 for the number of boxes
anonymous
  • anonymous
yea
anonymous
  • anonymous
yes I got that thank you !

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