Apply the properties of functions to correctly determine and interpret the break-even point in the following situations, using valid mathematical procedures and correct mathematical notation. Express your answer in terms of the context of the problem. A company sells Christmas decorations. The cost equation to manufacture the product is given by C(x) = x2 – x + 31. The company sells its decorations for $4.00 each. Therefore, your revenue equation is R(x) = 4x, where R is revenue and x is the number of units sold for the week (in thousands). Find and interpret the break-even point.
Apply the properties of functions to correctly determine and interpret the break-even point in the following situations, using valid mathematical procedures and correct mathematical notation. Express your answer in terms of the context of the problem. A company sells Christmas decorations. The cost equation to manufacture the product is given by C(x) = x2 – x + 31. The company sells its decorations for $4.00 each. Therefore, your revenue equation is R(x) = 4x, where R is revenue and x is the number of units sold for the week (in thousands). Find and interpret the break-even point.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.4: Slope-intercept Form
Problem 73PFA
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Apply the properties of functions to correctly determine and interpret the break-even point in the following situations, using valid mathematical procedures and correct mathematical notation. Express your answer in terms of the context of the problem.
A company sells Christmas decorations. The cost equation to manufacture the product is given by C(x) = x2 – x + 31. The company sells its decorations for $4.00 each. Therefore, your revenue equation is R(x) = 4x, where R is revenue and x is the number of units sold for the week (in thousands). Find and interpret the break-even point.
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