Examlex

Solved

Solve. -The Cost C to Product X Number of Tennis Rackets

question 117

Multiple Choice

Solve.
-The cost C to product x number of tennis rackets is C=190 +18x. The tennis rackets are sold wholesale for $23 each, so revenue R =23x. Find how many tennis rackets the manufacturer needs to produce and sell to break even.


Definitions:

Break-even

The point at which total revenues equal total costs, resulting in no net profit or loss for a business.

Monthly Dollar Sales

The total revenue generated from sales in a particular month measured in dollars.

Selling Price

The amount of money a customer pays to purchase a product or service.

Break-even

The point at which total costs and total income are equal, resulting in neither profit nor loss for a business.

Related Questions