Question:

The point at which a company's profits equal zero is called

Last updated: 7/7/2022

The point at which a company's profits equal zero is called

The point at which a company's profits equal zero is called the company's break-even point. Let R represent a company's revenue, let C represent the cor R(x) = 100x C(x) = 65.5x + 68,000 (a) Find the firm's break-even point; that is, find x so that R=C. (b) Find the values of x such that R(x) > C(x). This represents the number of units that the company must sell to eam a profit. (a) x= (Type a whole number.) (b) Solve the inequality for x. Type the correct inequality symbol in the first answer box below, and type an integer in the second answer box