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The Figure Shows the Graphs of the Cost and Revenue

Question 31

Multiple Choice

The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells binoculars. Use
the information in the figure to answer the question. The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells binoculars. Use the information in the figure to answer the question.   -The company's cost for manufacturing x binoculars is determined by the equation y = x + 1500. The revenue for selling x binoculars is determined by the equation y = 3x. The break-even point is the point at which the cost And revenue equations intersect. At the break-even point both cost and revenue are what? A) $750 B) $2700 C) $2250 D) $1500
-The company's cost for manufacturing x binoculars is determined by the equation y = x + 1500. The revenue for selling x binoculars is determined by the equation y = 3x. The break-even point is the point at which the cost
And revenue equations intersect. At the break-even point both cost and revenue are what?


A) $750
B) $2700
C) $2250
D) $1500

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