Math Problem Statement

Find the break-even point(s) for the revenue and cost functions below. Separate multiple answers with a comma.

R(x)=125.40x−2x2C(x)=13x+1489.44

Solution

To find the break-even point(s), we need to set the revenue function R(x)R(x) equal to the cost function C(x)C(x) and solve for xx.

Given: R(x)=125.40x2x2R(x) = 125.40x - 2x^2 C(x)=13x+1489.44C(x) = 13x + 1489.44

Setting R(x)=C(x)R(x) = C(x):

125.40x2x2=13x+1489.44125.40x - 2x^2 = 13x + 1489.44

Rearrange to form a standard quadratic equation:

2x2+125.40x13x1489.44=0-2x^2 + 125.40x - 13x - 1489.44 = 0 2x2+112.40x1489.44=0-2x^2 + 112.40x - 1489.44 = 0

Dividing through by 2-2 for simplicity:

x256.20x+744.72=0x^2 - 56.20x + 744.72 = 0

Now, we solve this quadratic equation using the quadratic formula:

x=(56.20)±(56.20)241744.7221x = \frac{-(-56.20) \pm \sqrt{(-56.20)^2 - 4 \cdot 1 \cdot 744.72}}{2 \cdot 1} x=56.20±3160.442978.882x = \frac{56.20 \pm \sqrt{3160.44 - 2978.88}}{2} x=56.20±181.562x = \frac{56.20 \pm \sqrt{181.56}}{2} x=56.20±13.472x = \frac{56.20 \pm 13.47}{2}

Calculating the two possible values for xx:

  1. x=56.20+13.472=34.835x = \frac{56.20 + 13.47}{2} = 34.835
  2. x=56.2013.472=21.365x = \frac{56.20 - 13.47}{2} = 21.365

So, the break-even points are approximately: x34.84,21.37x \approx 34.84, 21.37

Would you like a step-by-step explanation for solving quadratics, or do you have any questions?

Related Questions

  1. How is the break-even point relevant in business decisions?
  2. What happens if the revenue function is less than the cost function for all values of xx?
  3. Can the break-even points change if fixed costs change?
  4. How do we determine the maximum profit given a revenue and cost function?
  5. What are other methods to find break-even points without solving equations?

Tip: Always double-check your quadratic equation setup; small errors can lead to incorrect roots.

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Math Problem Analysis

Mathematical Concepts

Algebra
Quadratic Equations
Break-even Analysis

Formulas

Quadratic formula: x = (-b ± √(b² - 4ac)) / 2a

Theorems

Quadratic Formula

Suitable Grade Level

Grades 10-12