The cost to produce
elect the correct choice below and, if necessary, fill in the answer box to complete your choice.
Final Answer: The product will at least break even when
Step 1 :Let's denote the number of units of wire produced and sold as 'x'.
Step 2 :The total cost of production C(x) is given by the equation
Step 3 :The revenue function R(x) is given by the equation
Step 4 :The break-even point is the point at which total cost equals total revenue, so we need to find the value of 'x' for which
Step 5 :Setting the two equations equal to each other gives us the equation
Step 6 :Subtracting 45x from both sides gives us
Step 7 :Dividing both sides by 25 gives us
Step 8 :Final Answer: The product will at least break even when