SOLUTION: A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears

Question 983764: A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears for $16 each. How many bears must be sold before the company starts making a profit? (Your answer must be a whole number.) A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears for $16 each. How many bears must be sold before the company starts making a profit?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

The profit is $14 per bear. So how many bears at $14 profit per bear do they have to sell to recover the initial $3000? Hint: Divide 3000 by 14. Round up.

John

My calculator said it, I believe it, that settles it

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