the revenue function for a school group selling n bookmarks is given by R(n) =2n and the total cost function is given by C(n)=144+0.08n. determine the number of books

Correction

The revenue function for a school group selling n bookmarks is given by R(n) =2n and the total cost function is given by C(n)=144+0.08n. Determine the number of bookmarks sold at which they break-even.

75 bookmarks

Step-by-step explanation:

The break-even point is the point at which revenue earned is equal to the cost of production.

Given the cost and revenue functions respectively:

Cost=Revenue

C(n)=R(n)

144+0.08n=2n

144=2n-0.08n

144=1.92n

Divide both sides by 1.92

n=75

When 75 bookmarks are sold, the school group will break even.

the formula of a slope:

from a table we have

substitute:

the slope of f(x) is -1.

the graph of funcfion g(x) is a horizontal line. the slope of a horizontal line is equal 0. therefore the slope of g(x) is 0.

-1 < 0