The total cost and the total revenue of a company that produces and sells x units of particular product are respectively $C(x) = 5x + 350$ and $R(x) = 50x – x^2$. Find the breakeven values. |
$x=5$ units and $x=70$ units $x=7$ units and $x=50$ units $x=10$ units and $x=35$ units $x=14$ units and $x=25$ units |
$x=10$ units and $x=35$ units |
The correct answer is Option (3) → $x=10$ units and $x=35$ units At breakeven values, $R(x) = C(x)$ $⇒ 50x - x^2 = 5x + 350$ $⇒ x^2 - 45x + 350 = 0$ $⇒ (x-10) (x -35) = 0$ $⇒x= 10\, or\, 35$ Hence, the breakeven values are $x = 10$ and $x = 35$. |