SOLUTION: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant ea

Algebra.Com
Question 1163734: A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant each day for the owner to break even ?
Found 2 solutions by ikleyn, Alan3354:
Answer by ikleyn(52808)   (Show Source): You can put this solution on YOUR website!
.

    147.50 + 5.75x = 7x.


Solve for x.



Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for each meal served. If a typical meal costs $7, how many customers must eat at the restaurant each day for the owner to break even ?
--------------------
The profit is $7 - $5.25
---
Divide $147.50 by the profit

RELATED QUESTIONS

A restaurant has fixed costs of $137.50 per day and an average unit cost of $4.75 for... (answered by richwmiller)
A restaurant has fixed costs of $143.75 per day and an average unit cost of $5.75 for... (answered by mananth,htmentor)
Can you please help me with this one? ** A restaurant has fixed costs of $137.50 per day (answered by Nate,anjnewman)
A restaurant has fixed costs of $148.75 per day and an average unit cost of $5.75 for... (answered by ikleyn)
A restaurant has fixed costs of $147.50 per day and an average unit cost of $5.75 for... (answered by Boreal)
A restaurant has a fixed costs of 137.50 per day and an average unit cost $4.75 for each... (answered by mananth)
A restaurant has a fixed cost of $147.50 per day and an average unit cost of $5.75 per... (answered by ad_alta)
Can you please help me? I think it's a linear equation. Also, it would help if you put... (answered by josmiceli)
1.An executive invests $25,000, some at 6% and some at 5% annual interest. If he receives (answered by mananth)