Find the break even point

Reference no: EM13271809

Q: 1). An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x)=150x and its monthly cost in dollars is given by c(x)=120x+7200.
a. find the break even point.
b.Graph the revenue and cost equations on the same axes
c. Estimate the revenue and cost when x=120.

Q.2) The national demand and price for a certain type of energy-efficient exhaust fan are related by p=480-4/5q, where p is the price(in dollars) and q is the demand (in thousands). The price and supply of the exhaust fans are related by p=2/5q, where p is the price and q is the supply of exhaust fans. Find the price for a demand of 135,000 exhaust fans. The price is $
a.Find the price for demand of $135,000 exhaust Fans.
b.Find the demand of exhaust fans at a price of $96.
c.Find the supply when the price is $224.
d.Graph P=480-4/5q and P=2/5q on same set of axes "make sure you number the graph"
e.Find the equilibrium quantity.
f.Find the equilibrium price.

Reference no: EM13271809

Questions Cloud

Should the firm undertake the healthy bottled water project : CWC has a 34% marginal tax rate. For the purposes of this project, working capital effects will be ignored.

Calculate the nml and static power dissipation for design : In a pseudo NMOS inverter design the maximum Vol = 0.1 V. If VDD = 2.5 V, IVtI = 0.4 V, unCox = 4 upCox = 100 uA/V^2 , (W/L)n = 0.375 um/0.25 um, find: 1. The value of (W/L)p 2. Is it a maximum or a minimum value for the design.

Estimate the tension in the wire : Two identical conducting spheres each having a radius of 0.500 cm are connected by a light 1.60 m long conducting wire. estimate the tension in the wire.

Compute the acceleration of block : Two blocks are connected by a frictionless pulley as shown. Block A has a mass of 71 kg and block B has a mass of 150 kg. Find the acceleration a of block A (in m/s2)

Find the break even point : An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x)=150x and its monthly cost in dollars is given by c(x)=120x+7200.

Why did einstein write to fdr : Why did Einstein write to FDR and what were his specific concerns? What was happening in Germany that prompted him to send follow up letters?

Determine w-l ratios such that propagation delay tp is small : In a matched CMOS inverter in which Vtn = - Vtp = 0.5 V, VDD = 1.8 V, kn = kp = 600 uA/V^2 and fabricated in a 0.13 um technology, use the average current method to determine W/L ratios such that the propagation delay tp is smaller

How much heat flows from water : How much heat flows from 1.00 kg of water at 36.0°C when it is placed in contact with 1.00 kg of 22°C water in reaching equilibrium

Why did the company pick that initial target market : Identify the total addressable market and the initial target market of the Raspberrry Pi Foundation. Why did the company pick that initial target market?

User Account

All Pages