SOLUTION: Kenji has invested $420,000 to start a bagel shop in a shopping mall. He can produce a dozen bagels for $1.40. How many dozen bagels must Kenji produce before his average cos per d
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Question 141429: Kenji has invested $420,000 to start a bagel shop in a shopping mall. He can produce a dozen bagels for $1.40. How many dozen bagels must Kenji produce before his average cos per dozen (including his initial investment of $420,000) drops to $2.80?
Is it:
A) 150,000 dozen
B) 290,000 dozen
C) 300,000 dozen
D) none of these
Answer by Adam_63(2) (Show Source): You can put this solution on YOUR website!
Its simple mat jus keep multiplying 1.40 by the 3 choices of numbers you have until you get 420,000.
1.40 x 150,000 = 210,000
1.40 x 290,000 = 406,000
1.40 x 300,000 = 420,000
So by basic math hte answer is C 300,000.
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