SOLUTION: Write all your answers using inequality notation. BUSINESS AND ECONOMICS An electronics firm is planning to market a new graphing calculator. The fixed costs are $6

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Question 932578: Write all your answers using inequality notation.
BUSINESS AND ECONOMICS An electronics firm is planning
to market a new graphing calculator. The fixed costs are $650,000
and the variable costs are $47 per calculator. The wholesale price of
the calculator will be $63. For the company to make a profit, it is
clear that revenues must be greater than costs.
(A) How many calculators must be sold for the company to make a
profit?
(B) How many calculators must be sold for the company to break
even?
(C) Discuss the relationship between the results in parts A and B.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
P = 63x - 47x - 650,000
P= 16x - 650,000
16x - 650,000 > 0
x > 40,625 to make a profit
x = 40,625 to break even.