Question 1058590
Your first $1500 is a fixed cost. Your variable cost is $2 per mug. When you sell them for $7, you make 7-2, or $5 each. In order to break even:
5x=1500
x=300
You have to sell 300 mugs to recover your $1500 investment. &#9786;&#9786;&#9786;&#9786;