use the functions given below to solve the problem Cx repres
use the functions given below to solve the problem. C(x) represents the cost, in dollars, of x units of a product and R(x) 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.
C(x)=$70,000+40x and R(x)=45
the number of units that must be produced and sold in order to break even is _____ units
Solution
Solution:
As we know;
the number of units that must be produced and sold in order to break even:
70000 + 40x = 45x
=> 5x = 70000
=> x = 14000
14000 units must be sold to break even.
