# 'break even point'

A perfectly competitive firm has the cost function:

TC = 1000 + 2Q + 0.1Q (squared)

What is the lowest price at which this firm can break even?

draw a diagram and use numerical calculations to support your answer.

https://brainmass.com/economics/break-even-analysis/break-even-point-82694

#### Solution Preview

A perfectly competitive firm has the cost function:

TC = 1000 + 2Q + 0.1Q2

In the long run, a firm ...

#### Solution Summary

This job encompasses the break even point.

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