SOLUTION: A small business has an initial investment of
$8176. The unit cost of the product is $11,
and the selling price is $22.
How many units must be sold to break
even?
Answer in un
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-> SOLUTION: A small business has an initial investment of
$8176. The unit cost of the product is $11,
and the selling price is $22.
How many units must be sold to break
even?
Answer in un
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Question 507358: A small business has an initial investment of
$8176. The unit cost of the product is $11,
and the selling price is $22.
How many units must be sold to break
even?
Answer in units of units Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A small business has an initial investment of
$8176. The unit cost of the product is $11,
and the selling price is $22.
How many units must be sold to break even?
Answer in units
---
Each unit sold yields (22-11) = $11 profit.
---
Break even occurs when x = 8176/11 = 743.27 units are sold.
---
Round up to 744 units.
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Cheers,
Stan H.
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