Solution-Find the break-even point

Find the break-even point

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Reference no: EM131172682

An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x)=80x and its monthly cost in dollars is given by C(x)=60x+2,400.

a. Find the break-even point.

b. Graph the revenue and cost equations on the same axes.

c. From the graph, estimate the revenue and cost when x=60.

When x=60 the revenue is?

When x=60 the cost is?

Reference no: EM131172682

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Find the break-even point : An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x)=80x and its monthly cost in dollars is given by C(x)=60x+2,400. a. Find the break-even point.

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Find the break-even point

Reference no: EM131172682

Reference no: EM131172682

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