A business breaks even when the production costs are equal to the revenue. The expression 120+4x represents the cost of producing x items. The selling price is $5 for each item. Write an expression for the revenue generated by selling x items. How many items would you need to sell to break even? Write an equation and solve it.
Enter the correct answers in the boxes.
Expression for revenue:
Equation:
x=
Items needed to sell to break even:
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Answer:
Expression for revenue 5x
Equation to break even, 5x = 120 + x
Number of Items needed to sell to break even, x = 120
Step-by-step explanation:
Cost of producing x units, C = 120 + 4x.
Revenue generated by selling x units at the rate of $5 per unit, R = 5x
To break even, R = C
=> 5x = 120 + 4x
=> x = 120
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