We can see from the graph that the profit is zero at the point where the function intersects the x-axis. This point represents the price at which the company breaks even.
Looking at the graph, we can see that the function intersects the x-axis at approximately $30. Therefore, the answer is C. $30 is the minimum price at which the company breaks even.
A manufacturer of lemon slicers calculates its profit as a function of the price charged for the product. The graph shows this function.
What is the minimum price at which the company breaks even?
A.
$10
B.
$25
C.
$30
D.
$50
1 answer