Question
A business wants to manufacture laptops. Before they start production, they need to make sure they can make a profit with the materials and labor
A business wants to manufacture laptops. Before they start production, they need to make sure they can make a profit with the materials and labor force they have.
Their accountant has given them a cost equation ofy=0.5x+2900 and a revenue equation of y=0.55x
Calculate and interpret the break-even point.
The break-even point tells us that the cost for producinglaptopsis $
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Elementary Statisitcs
Authors: Barry Monk
2nd edition
1259345297, 978-0077836351, 77836359, 978-1259295911, 1259295915, 978-1259292484, 1259292487, 978-1259345296
