Questions: Find the break-even point(s) for the revenue and cost functions below. Separate multiple answers with a comma.
R(x)=28x
C(x)=5x+345
Transcript text: Find the break-even point(s) for the revenue and cost functions below. Separate multiple answers with a comma.
\[
\begin{array}{l}
R(x)=28 x \\
C(x)=5 x+345
\end{array}
\]
Answer
Solution
Solution Steps
Step 1: Set up the equation
To find the break-even point, we need to find the value of x where the revenue equals the cost. So, we set R(x)=C(x).
Step 2: Solve for x
We have the equation 28x=5x+345.
Subtract 5x from both sides:
28x−5x=34523x=345
Divide both sides by 23:
x=23345x=15