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In a business, a cost function describes the total cost associated with a given level of production. A revenue function describes the amount of money received at a given level of production. These two functions form a system of equations. The solution of this system is called the break-even point. It is the level of production for which revenue equals cost. Business is profitable only if revenue is greater than the cost. suppose the system of equations containing the revenue and the cost of functions is an inconsistent system. What does this mean in the context of businesses?
a. The business will sell a lot of products
b. The business will sell products for a very high price.
c. The business will never profit
d. The business will make lots of products
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In a business, a cost function describes the total cost associated with a given level of production....
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