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  • 21-07-2017
  • Mathematics
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To calculate a firm’s break-even point, you need to do what

Respuesta :

irspow
irspow irspow
  • 21-07-2017
Create a profit function.

P(x)=R(x)-C(x)

Which is really just the difference of a revenue function minus a cost function.  Though the revenue function will often be based upon a price and demand function as well :)  

The you would just solve for when P(x)=0
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