Question

The cost to produce x units of coffee cups is C = 50x + 5000
, while the revenue is R = 60x
. Find the interval where the company will at least break even. Show all work to justify your answer.

Answer 1

Answer:

x = 500

Step-by-step explanation:

The break-even point in economics, is the point at which total cost and total revenue are equal.

Therefore,

R = C

60x = 50x + 5000

60x - 50x = 5000

10x = 5000

x = 5000/10

x = 500