Asked by Lettiey
Determine the profit function P(x), if the revenue function and cost functions are R(x)=70x-1000 and C(x)=30x+1000 respectively. Also find the break-even point.
Answers
Answered by
Steve
P = R-C
break-even when R=C (P=0)
break-even when R=C (P=0)
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