SOLUTION: A small plant manufactures riding lawn mowers. The plant has fixed costs(leases, insurances, and so on. 39,000 per day variable costs of $1,200 per unit produced. The mowers are so
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Question 1181757: A small plant manufactures riding lawn mowers. The plant has fixed costs(leases, insurances, and so on. 39,000 per day variable costs of $1,200 per unit produced. The mowers are sold for 1,500 each. The cost and revenue equations are shown below.
y=39,000+1,200x Cost equation
y=1,500x Revenue Equation
How many units must be manufactured and sold each day for the company to break even? Answer by ikleyn(52786) (Show Source):