howdy, heres my problem.
Plastec makes automatic sprinkler system part for a landscaping company called evergreen systems.
the manager of plastec determinds that the set up costs will be $3500 and that each part will cost $1.80
to make. evergreen systems pays plastec $1000 to start the line of business and will pay $2.20 for each part thereafter.
using the information above I managed to determine that the cost, C, and revenue, R, equations were as follows if (n) was the number of parts made....
C = 3500 + 1.80n
R = 1000 + 2.20n
How do I find the breakeven point algebraically????
Please help!!!!
an answer and/or an explanation on how to do it would really help!
need really soon
Thanks!