ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
To produce x units of t-shirts costs C(x) = 7.50x + 1200. The revenue is R(x) = 16x.
a) Find the break-even point
b) How many t-shirts needs to be produced and sold in order to make a profit of $500?
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