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An editorwants to publish a new magazine.Before being approved, the publisher needs to make sure that it can profit with the production cost and...

An editor wants to publish a new magazine. Before being approved, the publisher needs to make sure that it can profit with the production cost and staff.

Their accountant has given them a cost equation of y=0.55x+1875  and a revenue equation of y=0.8x . 

Calculate and interpret the break-even point.

The break-even point tells us that the cost for producing___  magazines is $___.

Top Answer

Breakeven point is (7500,6000) The... View the full answer

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