The break-even point for the firm whose cost function c and revenue function r are 166.67 .
The break even point is given when the cost is equal to the revenue.
Thus, R(x)=C(x)
270x = 90x+30000
180x=30000
Thus, x= 30000/180
= 166.67
Hence, y=270 × 166.67
=45000
(x,y) = (166.67,45000)
In economics, business, and cost accounting, the "break-even point" is the point at which total costs and revenue are equal, or "even." Even though opportunity costs have been paid and capital has received the risk-adjusted, expected return, there is no net loss or gain and one has "broken even." The point at which the company's total revenue and expenses are equal is known as the breakeven point. This indicates that there is no profit at the breakeven point; It's just zero net.
The equal the initial investment point will increment by any of the accompanying: a rise in the total amount of the firm's fixed costs and expenses. an increase in the variable costs and expenses per unit. a decrease in the selling prices charged by the company.
Question is incomplete Missing part is given below:
find the break-even point for the firm whose cost function c and revenue function r are given:
C(x) = 90x + 30,000
R(x) = 270x
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