document.write( "Question 1046528: you start a business manufacturing hats. you spend $8,000 for supplies and equipment. It will cost $4.95 per hat to produce the hats. How many hats must you produce before your average total cost per hat is $5. \n" ); document.write( "
Algebra.Com's Answer #661947 by addingup(3677)![]() ![]() You can put this solution on YOUR website! Let the number of hats you have to produce x. \n" ); document.write( "What I understand you are saying is that you have to amortize 8,000 in supplies and equipment, and you have a variable cost of 4.95 per hat. If this is the case: \n" ); document.write( "8,000+4.95x = 5x \n" ); document.write( "8,000 = 0.05x \n" ); document.write( "8,000/0.05 = x \n" ); document.write( "x = 160,000 hats \n" ); document.write( " \n" ); document.write( " |