10. considering a system of equations where one equation represents cost and the other revenue, what does an…

10. considering a system of equations where one equation represents cost and the other revenue, what does an intersecting point at (100, 2000) signify for a business? a. the business faces increasing costs beyond this point. b. the business has no profit or loss at this point. c. the business maximizes its profit at this level of production and revenue. d. the business breaks even at producing 100 units and earning $2000 in revenue.

10. considering a system of equations where one equation represents cost and the other revenue, what does an intersecting point at (100, 2000) signify for a business? a. the business faces increasing costs beyond this point. b. the business has no profit or loss at this point. c. the business maximizes its profit at this level of production and revenue. d. the business breaks even at producing 100 units and earning $2000 in revenue.

Answer

Brief Explanations:

In business, the break - even point is where total cost equals total revenue. At this point, there is no profit or loss. Given an intersection point of cost and revenue equations at (100, 2000), it means when 100 units are produced, the cost and revenue are both $2000, which is the break - even situation.

Answer:

d. The business breaks even at producing 100 units and earning $2000 in revenue.