document.write( "Question 243367: A toy company spends $1500 each day for factory expenses plus $8 fer teddy bear. How many bears must the company sell in one day to equal its daily cost? \n" ); document.write( "
Algebra.Com's Answer #178318 by oberobic(2304)![]() ![]() ![]() You can put this solution on YOUR website! What is the sales price of the teddy bears? From you setup it seems that $8 is the marginal cost of each bear. The fixed costs for the factory seem to be $1500. So we can use a standard form to determine the profit. \n" ); document.write( ". \n" ); document.write( "Total Profit = Total Revenue - Total Costs \n" ); document.write( ". \n" ); document.write( "Total Revenue = Sales Price per Unit * Number of Units Sold \n" ); document.write( ". \n" ); document.write( "Total Costs = Fixed Costs + (Marginal Costs per Unit * Number of Units Produced) \n" ); document.write( " |