A firm will break even no profit and no loss as long as

Last updated: 6/8/2023

A firm will break even no profit and no loss as long as revenue just equals cost The value of x the number of items produced and sold where C x R x is called the break even point Assume that the below table can be expressed as a linear function Find a the cost function b the revenue function and c the profit function d Find the break even point and decide whether the product should be produced given the restrictions on sales a The cost function is C x Simplify your answer Fixed cost Variable cost Price of item 450 20 35 According to the restriction no more than 24 units can be sold