SOLUTION: A software manufacturer sells one of its products at $100 per license. The costs of producing and selling the software are $9,500 for development and $5 for making a compact disc (
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Question 806479: A software manufacturer sells one of its products at $100 per license. The costs of producing and selling the software are $9,500 for development and $5 for making a compact disc (CD), packaging, shipping, and handling. Set up the cost and revenue functions, and use this information to determine how many licenses need to be sold for the company to break even.
Can someone explain this solution step by step please? Answer by richwmiller(17219) (Show Source):