The cost of producing x records is C(x) = 20x + 450. If the revenue generated...

The cost of producing x records is C(x) = 20x + 450. If the revenue generated from sales is R(x) = 35x, then determine the break-even value.

a.1150 units

b. 30 units

c. 20.75 units

d. 8 units

Solutions

Expert Solution

At breakeven;Total sales revenue generated=Total costs incurred

35x=20x+450

x*(35-20)=450

x*15=450

x=(450/15)

=30 units

jeff jeffy answered 2 years ago

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