Question 476903: Each Sunday a newspaper agency sells x copies of a certain newspaper for $1 per copy. The cost to the agency of each newspaper is $0.50. The agency pays a fixed cost of storage, delivery and so on, of $100 per Sunday.
1. How many newspapers need to be sold to break even?
a) 100 c) 250
b) –200 d) 200
2. What is the profit for the agency if 150 newspapers sold for a particular Sunday?
a) – 25 c) 25
b) – 150 d) 175
3. How many newspapers should the agency sell in order to realize a minimum profit of $600?
a) x = 1400 c) x = 600
b) x = 200 d) x = 1000
Is the answers as follows: can you please help me verify, Thank you
1. D (200)
2. A (-25)
3. A (x=1400)
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Each Sunday a newspaper agency sells x copies of a certain newspaper for $1 per copy.
The cost to the agency of each newspaper is $0.50.
The agency pays a fixed cost of storage, delivery and so on, of $100 per Sunday.
1. How many newspapers need to be sold to break even?
Income = $x of x newpapers
Cost = 0.5x+100
----
solve x = 0.5x+100
0.5x = 100
x = 200
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a) 100 c) 250
b) –200 d) 200
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2. What is the profit for the agency if 150 newspapers sold for a particular Sunday?
Income = 150 dollars
Cost = 0.5*150+100 = 175
Profit = -25
a) – 25 c) 25
b) – 150 d) 175
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3. How many newspapers should the agency sell in order to realize a minimum profit of $600?
Profit = 0.5x-100
Solve 0.5x-100 = 600
0.5x = 700
x = 1400
a) x = 1400 c) x = 600
b) x = 200 d) x = 1000
Is the answers as follows: can you please help me verify, Thank you
1. D (200)
2. A (-25)
3. A (x=1400)
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All alright.
Cheers,
Stan H.
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