Your business baking birthday cakes has the following weekly revenue and cost equations. where R represents the weekly revenue in dollars C represents the weekly cost in dollars and k cakes are baked and sold. In order to use the method of substitution to find the break-even point you set the Revenue equal to the Cost and solve the equation.

Question

Your business baking birthday cakes has the following weekly revenue and cost equations.  where R represents the weekly revenue in dollars C represents the weekly cost in dollars and k cakes are baked and sold. In order to use the method of substitution to find the break-even point you set the Revenue equal to the Cost and solve the equation.

Quizplus · Accepted Answer

Yes, in order to find the break-even point, you set the revenue equation equal to the cost equation and solve for the variable representing the number of cakes sold. This is referred to as the point where "Revenue equals Cost" or the break-even point.

Your Business Baking Birthday Cakes Has the Following Weekly Revenue