select the correct answer. an electronics store is selling a laptop for $760 at several of its locations…
select the correct answer. an electronics store is selling a laptop for $760 at several of its locations. the production costs for this model of laptop have been included in the graph, along with the expected revenue. how many laptops must the electronics store sell to break even? a. 43 b. 58 c. 70
Answer
Explanation:
Step1: Recall break - even concept
Break - even occurs when cost function $C(x)$ equals revenue function $R(x)$, i.e., $C(x)=R(x)$. On the graph, this is the $x$ - value of the intersection point of $C(x)$ and $R(x)$.
Step2: Identify intersection point
By looking at the graph, the $x$ - value of the intersection point of the lines $C(x)$ and $R(x)$ is approximately 58.
Answer:
B. 58