Hey guys, here's the problem and what I've got so far.(adsbygoogle = window.adsbygoogle || []).push({});

A contractor purchases a piece of equipment for $36500 that costs an average of $9.25 per hour for fuel and maintenance. The equipment operator is paid $13.50 per hour, and customers are charged $30 per hour.

(a) Write an equation for the cost C of operating this equipment for t hours

(b) Write an equation for the revenue R derived from t hours of use

(c) Find the break-even point for this equipment by finding the time at which R = C

What I've got:

(a)

[tex] C = 22.75(t)+36500[/tex]

(b)

[tex]R=30(t)+36500[/tex]

(c - worked out)

[tex]0 = -7.25(t) + 36500[/tex]

[tex]5034.48 = t[/tex]

does this look right?

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# Bread-Even Analysis

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