Solve the Problem $C ( x )$ , and the Revenue Function

question 80

Multiple Choice

Solve the problem.
-Given the cost function, $C ( x )$ , and the revenue function, $R ( x )$ , find the number of units $x$ that must be sold to brea
$$\begin{array} { l } C ( x ) = 7000 x + 63,000 \\R ( x ) = 14,000 x\end{array}$$

• A) 11 units
• B) 4 units
• C) 9 units
• D) 10 units en.

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Definitions:

GDP Deflator

An index measuring the change in prices of all new, domestically produced goods and services in an economy.

Real Output

The total value of all goods and services produced in an economy, adjusted for inflation, reflecting the actual productivity rather than nominal figures.

Government Purchases

These refer to the total expenditures for goods and services by all levels of government, excluding transfer payments.

Expenditures

Payments or outlays of money to cover costs or expenses.