Find the Break-Even Point for the Firm Whose Cost Function

question 216

Multiple Choice

Find the break-even point for the firm whose cost function C and revenue function R are given. C(x) = 5x + 10,000; R(x) = 15x

• A) For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $15,000.
• B) For a break-even operation, the firm should manufacture 10,000 units of its product, resulting in a break-even revenue of $7,500.
• C) For a break-even operation, the firm should manufacture 1,000 units of its product, resulting in a break-even revenue of $7,500.
• D) For a break-even operation, the firm should manufacture 1,000 units of its product, resulting in a break-even revenue of $15,000.

---

Definitions:

Outer-directed

Refers to individuals whose behaviors and decisions are influenced predominantly by external factors or the expectations of others rather than by personal values or desires.

Environment

The surrounding conditions, including social, physical, and economic, in which an organization operates.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, enriching social interactions and understanding.

Unfamiliar Settings

Environments or situations that are not known or recognized by an individual, often requiring adaptation or learning.