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QUESTION

A business wants to manufacture laptops. Before they start production, they need to make sure they can make a profit with the materials and labor...

A business wants to manufacture laptops. Before they start production, they need to make sure they can make a profit with the materials and labor force they have.

Their accountant has given them a cost equation of  y=0.5x+2900 and a revenue equation of y=0.55x

Calculate and interpret the break-even point.

The break-even point tells us that the cost for producing  laptops is $

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