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Find the Break-Even Point for the Firm Whose Cost Function

Question 216

Multiple Choice

Find the break-even point for the firm whose cost function C and revenue function R are given. C(x) = 5x + 10,000; R(x) = 15x


A) For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $15,000.
B) For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $7,500.
C) For a break-even operation, the firm should manufacture 1,000 units of its product, resulting in a break-even revenue of $7,500.
D) For a break-even operation, the firm should manufacture 1,000 units of its product, resulting in a break-even revenue of $15,000.

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