sammirox712ot31un
sammirox712ot31un sammirox712ot31un
  • 14-07-2017
  • Mathematics
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The profit function for a new product is given by p(x) = -4x^2+28x-40, where x is the number sold in thousands. How many items must be sold for the company to break even?

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irspow
irspow irspow
  • 14-07-2017
The break even point is when profit is equal to zero, or in this case when p(x)=0

4x^2-28x+40=0

4(x^2-7x+10)=0

4(x^2-2x-5x+10)=0

4(x(x-2)-5(x-2))=0

4(x-5)(x-2)=0

So the break even points are when x=2 and 5, which is when 2000 and 5000 units are sold.
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