The Figure Shows the Graphs of the Cost and Revenue

question 31

Multiple Choice

The figure shows the graphs of the cost and revenue functions for a company that manufactures and sells binoculars. Use
the information in the figure to answer the question.
-The company's cost for manufacturing x binoculars is determined by the equation y = x + 1500. The revenue for selling x binoculars is determined by the equation y = 3x. The break-even point is the point at which the cost
And revenue equations intersect. At the break-even point both cost and revenue are what?

• A)$750
• B)$2700
• C)$2250
• D)$1500

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Definitions:

Quality Control

The processes an organization uses to maintain its established quality standards.

Production

The process of creating goods and services, involving tasks such as design, raw materials sourcing, and manufacturing.