SOLUTION: A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 983764: A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears for $16 each. How many bears must be sold before the company starts making a profit? (Your answer must be a whole number.) A toy company is going to start producing a new line of stuffed bears. The cost of producing the bears is $2 per bear plus $3000 in start up costs. They are going to sell the bears for $16 each. How many bears must be sold before the company starts making a profit?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


The profit is $14 per bear. So how many bears at $14 profit per bear do they have to sell to recover the initial $3000? Hint: Divide 3000 by 14. Round up.

John

My calculator said it, I believe it, that settles it