A cell phone factory has a total production cost of C - 150x+10000 and a revenue function R(x) - 200x, where x represents the number of cell phones made or sold. Determine the break-even point for this factory. Break-even point: (20,220) Break-even point: (200,40000) Break-even point: (40000,200) Break-even point: (220,20)

A cell phone factory has a total production cost of C - 150x+10000 and a revenue function R(x) - 200x, where x represents the number of cell phones made or sold. Determine the break-even point for this factory. Break-even point: (20,220) Break-even point: (200,40000) Break-even point: (40000,200) Break-even point: (220,20)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter9: Applications Of Cost Theory

Section: Chapter Questions

Problem 5E

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