The point of which a company’s costs equal revenue is the break even point c rep

Question

The point of which a company’s costs equal revenue is the break even point c represents the cost, in dollars, of x units of a product and R represents the revenue, in dollars, from the sale of x units. Find the number of units that must be produced and sold in order to break even. That is, find the value of x for which C=R. C=16x-28000 and R=14x. How many units must be produced and sold in order to break even The point of which a company’s costs equal revenue is the break even point c represents the cost, in dollars, of x units of a product and R represents the revenue, in dollars, from the sale of x units. Find the number of units that must be produced and sold in order to break even. That is, find the value of x for which C=R. C=16x-28000 and R=14x. How many units must be produced and sold in order to break even The point of which a company’s costs equal revenue is the break even point c represents the cost, in dollars, of x units of a product and R represents the revenue, in dollars, from the sale of x units. Find the number of units that must be produced and sold in order to break even. That is, find the value of x for which C=R. C=16x-28000 and R=14x. How many units must be produced and sold in order to break even

Explanation / Answer

Equate:
C = R
16x - 28000 = 14x
16x - 14x = 28000
2x = 28000
x = 14000

Answer: 14000

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