document.write( "Question 1058590: Suppose you invest $1500 in equipment to put logos on coffee mugs. You buy each mug for $2. After you have placed the logo on the mugs, you sell them for $7 each. How many mugs must you sell to break even? \r
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document.write( "I had the idea to create an equation first but don't know where to start. \n" );
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Algebra.Com's Answer #673667 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! Your first $1500 is a fixed cost. Your variable cost is $2 per mug. When you sell them for $7, you make 7-2, or $5 each. In order to break even: \n" ); document.write( "5x=1500 \n" ); document.write( "x=300 \n" ); document.write( "You have to sell 300 mugs to recover your $1500 investment. ☺☺☺☺ \n" ); document.write( " |