Asked by Megan Lorrayne on May 12, 2024

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Custom Tees has determined that its expense and revenue functions are E = −1040p + 91,520 and R = -260p2 + 15,600p − 108,160.At which price points can the company expect to break even?

Expense Functions

Mathematical formulas used to describe the relationship between expenses and other variables such as production or sales volume.

Revenue Functions

Mathematical functions that represent the revenue generated by selling products or services as a function of their price or quantity.

Break Even

The point at which revenue received equals the costs associated with receiving that revenue, resulting in neither profit nor loss.

  • Evaluate approaches to profit maximization by studying a range of pricing strategies.
  • Achieve a comprehensive grasp on the interplay between expense, revenue, and profit in commercial settings.
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OKPAGU SOMTOCHUKWUMay 15, 2024
Final Answer :
$16 and $48 dollars $16 and $48 dollars