firm will break even no profit and no loss as long as
Last updated: 6/16/2023
firm will break even no profit and no loss as long as revenue just equals COST alue of x the number of items produced and sold where C x R x is called he break even point Assume that the below table can be expressed as a linear function Find a the Cost function b the evenue 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 Fixed cost Variable cost Price of item 30 450 15 According to the restriction no more than 20 units can be sold a The cost function is C x Simplify your answer b The revenue function is R x Simplify your answer c The profit function is P x Simplify your answer d Select the correct choice below and fill in the answer box within your choice Type a whole number OA The break even point is the restriction on sales units Thus the product should be produced given units Thus the product should not be produced B The break even point is given the restriction on sales