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1.05 Break-even analysis

Interactive practice questions

Consider the following phone plans:

GO SMALL plan: This plan has a $\$30$$30 monthly base charge and charges $90$90 cents per minute for all calls.

GO MEDIUM plan: This plan has a $\$38$$38 monthly base charge and then charges $70$70 cents per minute for all calls.

a

Complete the following table of values for various total monthly call times for the two plans:

Call time (in minutes) Total cost for GO SMALL plan Total cost for GO MEDIUM plan
$30$30 $\editable{}$ $\editable{}$
$40$40 $\editable{}$ $\editable{}$
$50$50 $\editable{}$ $\editable{}$
$60$60 $\editable{}$ $\editable{}$
b

Sketch the graph of the two plans.

Loading Graph...
c

Determine how many minutes of calls results in the same monthly bill for both plans.

Easy
6min

The cost $C$C of manufacturing toys is related to the number $n$n of toys produced by the formula $C=900+5n$C=900+5n. The revenue $R$R made from selling $n$n toys is $R=8n$R=8n.

Easy
6min

This graph shows the cost $C\left(x\right)$C(x), the revenue $R\left(x\right)$R(x) and the profit $P\left(x\right)$P(x) from making and selling $x$x units of a certain good. Each line has been labelled.

Easy
2min

The monthly cost $C\left(x\right)$C(x), revenue $R\left(x\right)$R(x) and profit $P\left(x\right)$P(x) functions for a car washing company are given below, where $x$x represents the number of clients in a month:

$C\left(x\right)=38x+1700$C(x)=38x+1700

$R\left(x\right)=55x$R(x)=55x

$P\left(x\right)=17x-1700$P(x)=17x1700

Easy
4min
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Outcomes

MS2-12-1

uses detailed algebraic and graphical techniques to critically evaluate and construct arguments in a range of familiar and unfamiliar contexts

MS2-12-6

solves problems by representing the relationships between changing quantities in algebraic and graphical forms

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