Break-even Point, Profit Gained
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To produce x number of units of glass vases cost C(x)=12x + 39. My revenue is R(x)=25x. Both cost and revenue and cost are in dollars. At what quantity would I break even; how many units will produce a profit of 130 dollars; what would be the profit gained from selling 250 units?
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Solution Summary
Provides steps necessary to find the break even point and profit point.
Solution Preview
(a) For break even, C(x) = R(x)
12x + 39 = 25x
25x - 12x = ...
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