SOLUTION:
Steve wants to start his own T-shirt business. His initial costs to get the business going are $1,500. It also costs on average $3 per shirt. Steve charges $10 for each shirt he
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Steve wants to start his own T-shirt business. His initial costs to get the business going are $1,500. It also costs on average $3 per shirt. Steve charges $10 for each shirt he
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Question 1162864:
Steve wants to start his own T-shirt business. His initial costs to get the business going are $1,500. It also costs on average $3 per shirt. Steve charges $10 for each shirt he sells. How many shirts does Steve need to sell to break-even?
You can put this solution on YOUR website! costs are $1500+3x, where x = number of shirts
revenue is 10x
Break-even is where the two equal or $1500+3x=10x
7x=1500
x=214.28
Since there can't be a fractional shirt, at 214 he doesn't quite break-even and at 215 shirts, he has broken-even. I would use 215.
