Reference no: EM13830135

Problem:

Find the break-even point for the firm whose cost function C and revenue function R are given.

C(x) = 5x + 100,000; R(x) = 15x

a. For a break-even operation, the firm should manufacture 1,000,000 units of its product, resulting in a break-even revenue of $150,000.

b. For a break-even operation, the firm should manufacture 1,000,000 units of its product, resulting in a break-even revenue of $300,000.

c. For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $300,000.

d. For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $150,000.

Additional Information:

This question basically from Mathematics as well as it is about determining the break-even point for the firm along with break-even revenue.