Waec Model Questions Vol1 2022 Mathematics Question 10

Practice essay / theory question 10 from the 2022 Waec Model Questions Vol1 Mathematics examination. This question covers Variation .

Waec Model Questions Vol1 2022 Mathematics Essay / Theory

Topic: Variation

Question 10 WAEC_MODEL_QUESTIONS_VOL1 • 2022 • MATHEMATICS • essay

A company produces a certain product, and the relationship between the cost (C) in naira and the number of units produced (x) can be modeled by the equation \(C = 200 + 50x\). Additionally, the revenue (R) generated from selling the product is given by \(R = 100x\). Using this information, answer the following questions:

Question Parts

( a )

Determine the break-even point where the cost equals the revenue. Show your working.

( b )

If the company wants to make a profit of at least ₦1,000, what is the minimum number of units that must be produced and sold? Show all necessary steps.

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About This Question

This is Waec Model Questions Vol1 2022 Mathematics Question 10. It is one of the essay questions from the 2022 Waec Model Questions Vol1 Mathematics examination.

The question covers Variation .

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