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

question 21

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
$$\begin{array} { l } C ( x ) = 14 x + 24,000 \\R ( x ) = 34 x\end{array}$$

• A) 1200 units
• B) 445 units
• C) 1201 units
• D) 1202 units en.

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Definitions:

Stock Prices

The cost of a share of a company as traded on the stock market, representing the market's valuation of the company.

Excess Supply of Money

A situation where the quantity of money available in the economy surpasses the demand for it, potentially leading to inflation.

Interest Rates

The cost of borrowing money, expressed as a percentage of the total amount of the loan, usually on an annual basis.

Investment

The allocation of resources, typically money, in order to gain profitable returns, as interest, income, or appreciation in value.