Find the break-even point for the cost C of production and the revenue R. Graph each result. Indicate the break-even point and where a profit results and where a loss results.
C = $10x + $600 R = $30x
C = $5x + $200 R = $8x
find the market price for each pair of supply and demand equations.
S = p + 1 D = 3 - p
S = 2p + 3 D = 6 - p
Break-Even PointA manufacturer produces game-day pennants at a cost of $0.75 per item and sells them for $1 per item. The daily operational overhead is $300. What is the break-even point? Graph your result.
Break-Even Point If the manufacturer in Problem 11 is able to reduce the cost per item to $0.65, but with a resultant increase to $350 in operational overhead, is it advantageous to do so? Give reasons. Graph your result.