Rusty Co Sells Two Products: X and Y

question 135

Multiple Choice

Rusty Co. sells two products: X and Y. Last year, Rusty sold 5,000 units of X and 35,000 units of Y. Related data are as follows: ​
-Xander Studios holds a sculpting class for which it charges students $250. The costs consist of the following: Variable costs per student:
Sculpting supplies
$ 100
Enrollment costs
50
Fixed costs for the course:
Instructor's salary
$1,000
Rental cost of the classroom
500
The break-even number of students is

• A)2
• B)11
• C)12
• D)20

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Definitions:

Population Locations

This term isn’t a standard statistical or geographical concept, so it may be misunderstood or used in a different context. The correct term might be "population distribution."

P-value

The probability of obtaining test results at least as extreme as the ones observed, assuming the null hypothesis is true.

Statistical Table

A table that displays data in a structured format, often used to summarize and present statistical results.

Restaurant Types

Categories of dining establishments distinguished by factors such as cuisine, service style, pricing, and ambiance.