# Cost and revenue equilibrium

A larg wholesale nursery sells shrubs to a retail store. The cost C(x) and revenue R(x) in dollars for x shrubs are listed below:

C(x) = 15x +12000

R(x) = 18 x

a) find the equilibrium point.

b) explain the meaning of the equilibrium point.

https://brainmass.com/math/graphs-and-functions/cost-revenue-equilibrium-562696

#### Solution Preview

a)

Equilibrium point:

Revenue = Cost

=> R(x) = C(x)

=> 18 x = 15 x + 12000

=> 18x - 15x = 12000

=> 3x = 12000

=> x = 12000/3 ...

#### Solution Summary

A problem related to to equilibrium in revenue & cost is solved here.

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