SOLUTION: A musician is planning to market a CD. The fixed costs are $750 and the variable costs are $6 per CD. The wholesale price of the CD will be $11. For the artist to make a profit, re
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Question 1106138: A musician is planning to market a CD. The fixed costs are $750 and the variable costs are $6 per CD. The wholesale price of the CD will be $11. For the artist to make a profit, revenues must be greater than costs.
How many CDs, x, must be sold for the musician to make a profit? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! profit is revenue > cost
revenue is 11x,where x is the number of cd s
cost is 750+6x
11x>750+6x
5x>750
x>150
at least 151 cd s must be sold.
