If x represents the price of trucks and y the number of items sold, write an equation for the demand curve. From the demand and supply curves obtained in the previous two problems, find the equilibriu...If x represents the price of trucks and y the number of items sold, write an equation for the demand curve. From the demand and supply curves obtained in the previous two problems, find the equilibrium price, and determine the number of items that can be sold at that price. 9) A break-even point is the intersection of the cost function and the revenue function, that is, where total cost equals revenue, and profit is zero.
If x represents the price of trucks and y the number of items sold, write an equation for the demand curve. From the demand and supply curves obtained in the previous two problems, find the equilibriu...If x represents the price of trucks and y the number of items sold, write an equation for the demand curve. From the demand and supply curves obtained in the previous two problems, find the equilibrium price, and determine the number of items that can be sold at that price. 9) A break-even point is the intersection of the cost function and the revenue function, that is, where total cost equals revenue, and profit is zero.