SOLUTION: The linear profit equation for a company that sells customized furniture is P=a+bx , where P is the profit in dollars, x is the number of units sold, and a and b are constants.
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Question 1150558: The linear profit equation for a company that sells customized furniture is P=a+bx , where P is the profit in dollars, x is the number of units sold, and a and b are constants. When 120 units are sold, the profit is $21000 and when 350 units are sold, the profit is $90 000.If the fixed cost is $2500 and the variable cost is $50 per unit, determine the break-even value.
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
looks familiar solved a few weeks ago
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