Given the two equations, what interval will allow the company to break even? 2 = X c(x) 9 2 r(x) = x² 6 x + 8 *c (x) = cost Y(X = revenue

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 2.3CE
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Given the two equations, what
interval will allow the company
to break
even?
2
X
c(x) = ²/₁
-
9
2
r(x) = x
6
*c (x) = cost
*r(x)
x + 8
= revenue
Transcribed Image Text:Given the two equations, what interval will allow the company to break even? 2 X c(x) = ²/₁ - 9 2 r(x) = x 6 *c (x) = cost *r(x) x + 8 = revenue
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