Problema Solution
The cost C of producing x number of scientific calculators is given by C = 4.50x + 3000 and the revenue R from selling them is given by R = 16.50x
Find how many calculators must be sold to break even?
Answer provided by our tutors
profit = revenue - cost
we want to calculate 'x' when profit = 0
revenue = cost
16.50x = 4.50x + 3000
solving for 'x' we have x=250
250 calculators must be sold to break even