Mathematics, 21.02.2022 14:00 ykpwincess
An insurance company claims that for x thousand policies, its monthly revenue in dollars is given by R(x) = 125x and its monthly cost in dollars is given by C(x) = 100x + 5000.
(a) Find the break-even point.
(b) Graph the revenue and cost equations on the same axes.
(c) From the graph, estimate the revenue and cost when x = 100 (100,000 policies).
Answers: 3
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