October 4, 2015

Homework Help: math

Posted by Dee on Saturday, May 7, 2011 at 6:33pm.

Suppose the cost function associated with a product is C(x) = cx + F dollars and the revenue function is R(x) = sx, where c denotes the unit cost of production, s the unit selling price, F the fixed cost incurred by the firm, and x the level of production and sales. Find the break-even quantity and the break-even revenue in terms of the constants c, s, and F.

Break-even quantity and cost:

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