Get detailed and reliable answers to your questions with IDNLearn.com. Join our community to receive timely and reliable responses to your questions from knowledgeable professionals.
Sagot :
They must sell 10 baskets to break even because
75=(20-12)x
Since the cost of the table is $75 the cost of each basket is $12, they are making a net profit of $20-12 per basket if they are selling each basket for $20. In that case, they must sell at least 10 baskets to break even. If they sell 10 baskets, they will make $80 to break even with the $75 cost for the table. They cannot break even by selling 9 baskets because they will only make $72 in that case.
75=(20-12)x
Since the cost of the table is $75 the cost of each basket is $12, they are making a net profit of $20-12 per basket if they are selling each basket for $20. In that case, they must sell at least 10 baskets to break even. If they sell 10 baskets, they will make $80 to break even with the $75 cost for the table. They cannot break even by selling 9 baskets because they will only make $72 in that case.
20 - 12 = 8
So they only make $8 per basket sold.
75 / 8 = 9.375
Round it up
So they have to sell 10 to break even.
So they only make $8 per basket sold.
75 / 8 = 9.375
Round it up
So they have to sell 10 to break even.
Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Thank you for choosing IDNLearn.com for your queries. We’re committed to providing accurate answers, so visit us again soon.