Question

A small fast-food restaurant invests $4,000 to produce a new food item that will sell for $4.59. Each item can be produced for $2.19.

(a) How many items must be sold to break even? (Round your answer to the nearest whole number.)
items

(b) How many items must be sold to make a profit of $5,500? (Round your answer to the nearest whole number.)
items

Answer 1

revenue = 4.59 n
cost = 4000 + 2.19 n

to break even:
4.59 n = 4000 + 2.19 n

profit = revenue - cost
5500 = 4.59 n - 4000 - 2.19 n

Answer 2

Thank you so very much Damon!!!! :-)