SOLUTION: A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is $2,250 and it costs $0.50 to produce each tape. The selling price is $2.00 per tape. How many t
Algebra.Com
Question 972741: A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is $2,250 and it costs $0.50 to produce each tape. The selling price is $2.00 per tape. How many tapes must be produced and sold each week for the company to generate a profit?
a. more than 1000 but less than 1500
b. less than 1000
c. more than 1500
d. less than 500
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
Break even point:
T=number of tapes
$2250+$0.50T=$2.00T
$2250=$1.50T
1500=T
The break even point is 1`500 tapes, so the company must produce and sell 1501 tapes to generate a profit. The correct response is C.
RELATED QUESTIONS
A company manufactures and sells blank audiocassette tapes. The weekly fixed cost is... (answered by ankor@dixie-net.com)
A company manufactures and sells blank audio cassette tapes. The weekly fixed cost is... (answered by Boreal)
I need to write a linear inequality for:
A company manufactures and sells personalized... (answered by stanbon)
A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to... (answered by stanbon)
A company manufactures and sells blank CDs.The weekly fixture cost is $15,000 and it's... (answered by rapaljer)
a company manufactures and sells bar stools. manufacturing costs consist of a fixed cost... (answered by Boreal)
A company that manufactures bicycles has a fixed cost of $100,000. It costs $100 to... (answered by vleith)
A company that manufactures bicycles has a fixed cost of $100000. It cost $100 to produce (answered by macston)
A cassette tape manufacturer finds that it costs $2790 to make 2000 tapes each day, while (answered by ikleyn,greenestamps,Layyy)