What is the break even point? How may I find this?
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Given:
[tex]\begin{gathered} C=36x+200 \\ R=76x \end{gathered}[/tex]Where: C is the cost, R is the revenue
To find the break-even point: R = C
So,
[tex]76x=36x+200[/tex]Solve the equation to find (x):
[tex]\begin{gathered} 76x-36x=200 \\ 40x=200 \\ x=\frac{200}{40}=5 \end{gathered}[/tex]substitute with (x) into R:
[tex]R=76\cdot5=380[/tex]so, the answer will be:
The break-even point = (5, 380)