anonymous
  • anonymous
Please, I need help with this linear algebra question.(Picture included)
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
katieb
  • katieb
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
1 Attachment
Hero
  • Hero
x = Fixed Monthy y = Number of Units Sold C(x,y) = 48000x + 8y R(x,y) = 14y
anonymous
  • anonymous
@Hero I understand, but the graphing part is the one I'm having trouble with

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

Hero
  • Hero
Well, no, that wouldn't work out too well.
Hero
  • Hero
I think you have to make two separate charts for each: One for Cost and another for revenue
anonymous
  • anonymous
I mean, I have found out the cost, and revenue, plus the profit. I may need to revise my breakeven point. I have to make only one graph and put in two lines. One line which is the C(x) and the other line is the R(x)
Hero
  • Hero
And then superimpose them one on top of the other.
Hero
  • Hero
Yes, I know what you need.
anonymous
  • anonymous
It's just, I only got the Y-intercept= which is 48,000
anonymous
  • anonymous
It's the 8x and 14x I'm very confused about and I know they're in the X axis
Hero
  • Hero
I see what you did. The only thing is unless you're only doing it for one month, that may not work.
Hero
  • Hero
I'll have to look into it
anonymous
  • anonymous
Alright, take your time. I'll figure it out as well.
anonymous
  • anonymous
@Hero I found out that I did the breakeven point wrong.
Hero
  • Hero
Apparently for this, we're supposed to only assume one month of production
anonymous
  • anonymous
Yes.
Hero
  • Hero
So if you wrote C(x) = 48,000 + 8x R(x) = 14x Then that was correct. The only thing is, you're going to need to sell a lot of units to break even the first month.
Hero
  • Hero
R(x) = C(x) 48000 + 8x = 14x
anonymous
  • anonymous
Yes. I wrote that. As I am looking to the answer, to check on the breakeven formula, there was 8000 units and $112,000, but I do not even know where those came from.
Hero
  • Hero
Always try algebraic solution first
Hero
  • Hero
Now you can graph, since you know what x is supposed to equal
Hero
  • Hero
Just make sure the graph matches your algebraic results
Hero
  • Hero
So we know we need to sell 6000 units to break even.
anonymous
  • anonymous
Right! I had to plug in 8000 to the x. Wow, I didn't even think of that.
anonymous
  • anonymous
It is 8000 units as included in the book.
Hero
  • Hero
Whoops... made an error. ugh
anonymous
  • anonymous
No problem.
Hero
  • Hero
48000 = (14 - 8)x 48000 = 6x 48000/6 = x 8000 = x
anonymous
  • anonymous
Yes. And now I plug in to the X and solve it.
Hero
  • Hero
I have no idea why I typed something else before.
anonymous
  • anonymous
It's alright.
Hero
  • Hero
The question asked you to graph it, that's why. But you should still try to solve algebraically whenever possible.
anonymous
  • anonymous
Yes. I'm trying it out right now.
anonymous
  • anonymous
I plugged it in, and I got $112,000 as the breakeven.
Hero
  • Hero
Good
anonymous
  • anonymous
Well, thanks a lot for the help. I really appreciate it. :)
Hero
  • Hero
They never mentioned it, but when you have something like this, you can only figure graph it for the first interval, which, in this case is one month. If you tried to do it for two months, the graph would no longer be linear.
anonymous
  • anonymous
Yes, that was confusing, it wasn't pretty clear to me what they wanted.
Hero
  • Hero
I was thrown off as well.
anonymous
  • anonymous
Yep. Spent at least an hour trying to figure this out before I came here for help.
Hero
  • Hero
Sorry I couldn't figure out sooner for you bro.
anonymous
  • anonymous
No, it's no problem at all. Thanks a lot though, really helped me out.
Hero
  • Hero
Okay

Looking for something else?

Not the answer you are looking for? Search for more explanations.