The point at which a company’s costs
The point at which a company’s costs equal its
revenues is the break-even point. C represents the cost, in dollars, of x units of a product and R represents the revenue, in dollars, from the sale of x units. Find the number of units that must be produced and sold in order to break even. That is, find the value of x for which Cequals=R.
C equals=12×50,000 and R equals=17x.
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