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 much money is needed to produce the break-even number of calculators.
Answer provided by our tutors
let x = the number of calculators produced to get break-even
4.50x+3000 = 16.50x
by solving we find
x = 250 calculators
click here to see the step by step solution of the equation
C = 4.50*250 + 3000
C = $4,125.00
$4,125.00 is the money needed to produce break-even number of calculators.