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Applying Systems of Linear Equations to Breakeven Point: Steps & Example

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question 1 of 3

Find the breakeven point of the following functions:

C(x) = 5x - 7

R(x) = 2x

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1. In marketing, the _____ represents the point where products neither make a profit nor incur a loss.

2.

Find the breakeven point of the following functions:

C(x) = 2x + 1

R(x) = 3x

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About This Quiz & Worksheet

This questions on this quiz/worksheet combo will assess your understanding of the breakeven point with regard to cost function and revenue function. They will also ask you to calculate the breakeven point using algebra and graphs.

Quiz & Worksheet Goals

Use this quiz and worksheet to test yourself on the following:

  • The term for the point where there is neither profit nor loss
  • How to calculate breakeven points
  • Understanding the functions used when calculating breakeven points

Skills Practiced

  • Making connections - understand the concept of the breakeven point as it applies both to linear functions and to marketing
  • Problem solving - use acquired knowledge to determine the breakeven point in practice problems
  • Distinguishing differences - compare and contrast topics from the lesson, such as the types of linear functions

Additional Learning

To learn more about breakeven points, review the corresponding lesson titled Applying Systems of Linear Equations to Breakeven Point: Steps & Example. This lesson covers the following topics:

  • How to price a product
  • Cost and revenue functions
  • Breakeven point calculations
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