The cost cc (in dollars) for the fuel and maintenance of a go-cart is given by c=10x 1200c=10x 1200, where xx is the number of rides. it costs $40 per ride. how many rides does it take to break even?

Respuesta :

The cost function given here is

c(x) = 10x + 1200

Where x = number of rides

c(x) is the total cost including the fixed cost.

Also it is given that each ride costs $40

So Revenue function for x number of rides shall be

R(X) = 40x

For break even

the cost must be equal to the revenue

Hence

R(x) = C(x)

40x = 10x + 1200

Subtracting 10x from both sides we get

30x = 1200

Dividing by 30 on both sides

We get

x = 40

If the rides are 40, then there is no profit no loss.

Break even point is the point of where total cost and total revenue is equal. Total ride need to break even is 40.

What is break even point?

Break even point is the point where there is no profit and no loss. This is the point of where total cost and total revenue is equal.

Given information-

The cost c (in dollars) for the fuel and maintenance of a go-cart is given by the function,

[tex]c=10x+1200[/tex]

Here, [tex]x[/tex] is the number of rides done by the go cart.

Total cost of one ride of the go cart is $40.

As the total cost is the product of total number of rides and the cost of each ride. Thus the cost of the go cart is,

[tex]c=40x[/tex]

The revenue must be equal to the total cost to achieve the break even point. thus,

[tex]40x=10x+1200[/tex]

Solve for the x,

[tex]40x-10x=1200\\30x=1200\\x=\dfrac{1200}{30}\\ x=40[/tex]

Hence total ride need to break even is 40.

Learn more about the break even point here;

https://brainly.com/question/16258055