Question
4. The publisher of a newspaper estimates its revenue (money earned in thousands of dollars) can be modelled with the equation below where x
4. The publisher of a newspaper estimates its revenue (money earned in thousands of dollars) can be modelled with the equation below where x is the number of subscribers (in thousands). R=32x 0.21x2 The cost (money spent in thousands of dollars) can be modelled with the equation below where x is the number of subscribers (in thousands). C=195+12x Determine how many subscribers are needed for the company to "break even". Break even is when their profit is $0 or when their revenue matches the cost. [5 marks]
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Data Analysis And Decision Making
Authors: Christian Albright, Wayne Winston, Christopher Zappe
4th Edition
538476125, 978-0538476126
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