Solve the Problem. -You Invested $18,000 and Started a Business Selling Vases. Supplies

question 117

Multiple Choice

Solve the problem.
-You invested $18,000 and started a business selling vases. Supplies cost $16 per vase and you are selling each vase for $34. Determine the number of vases, x, that must be produced and sold to break even.

• A)1002 units
• B)1001 units
• C)1000 units
• D)347 units

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Definitions:

Child Support

Financial contributions ordered by a court for the expenses associated with raising a child, typically paid by the non-custodial parent to the custodial parent.

Teenage Pregnancy

Occurs when a girl becomes pregnant during her adolescent years, often resulting in a range of socio-economic and health challenges for both mother and child.

Premarital Pregnancy

A term referring to pregnancy that occurs before marriage.

Economic Well-Being

A condition that includes the financial security, quality of life, and ability of individuals or communities to meet their basic needs and enjoy a certain standard of living.