SOLUTION: A musician is planning to market a CD. The fixed costs are $720 and the variable costs are $6 per CD. The wholesale price of the CD will be $10. For the artist to make a profit, re
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Question 387763: A musician is planning to market a CD. The fixed costs are $720 and the variable costs are $6 per CD. The wholesale price of the CD will be $10. For the artist to make a profit, revenues must be greater than costs.
How many CDs, x, must be sold for the musician to break even? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = total cost of making CDs
Let = total income from making CDs
given:
The problem is asking "When does the income = cost?"
180 CDs must be sold to break even
