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