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anonymous
 5 years ago
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 'breakeven' (revenue=cost).
anonymous
 5 years ago
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 'breakeven' (revenue=cost).

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Ok, 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
 5 years ago
Best ResponseYou've already chosen the best response.0Then take the Revenue function and set it equal to the cost function and see what x is to break even.

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0would this be the equation: 12.5x = 9.5x+45 then solve for x?

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0And you should get 15 for the number of boxes

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0yes I got that thank you !
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