Break-even analysis. Use the revenue function from Problem 61 in this exercise and the given cost function:
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where x is in millions of chips, and R(x) and C(x) are in millions of dollars. Both functions have domain 1
x
20.
(A) Sketch a graph of both functions in the same rectangular coordinate system.
(B) Find the break-even points to the nearest thousand chips.
(C) For what values of x will a loss occur? A profit?