The marginal cost function of producing a particular product is given by , where q is the number of items produced. If the fixed costs are $4000 and the items are sold for $700 each, what is the break even point?

Question

The marginal cost function of producing a particular product is given by  , where q is the number of items produced. If the fixed costs are $4000 and the items are sold for $700 each, what is the break even point?

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The Answer of The marginal cost function of producing a particular product is given by  , where q is the number of items produced. If the fixed costs are $4000 and the items are sold for $700 each, what is the break even point?

The Marginal Cost Function of Producing a Particular Product Is