To determine how many mini quiches the Spanish Club needs to sell in order to break even, we need to set up the cost and revenue equations.
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Cost to make the quiches:
- Fixed cost: $30
- Variable cost: $0.50 per quiche
- Total cost for \( x \) quiches: \( C = 30 + 0.50x \)
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Revenue from selling the quiches:
- Selling price per quiche: $2
- Total revenue from selling \( x \) quiches: \( R = 2x \)
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Break-even point is where cost equals revenue: \[ C = R \] Substituting the equations: \[ 30 + 0.50x = 2x \]
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Now, solve for \( x \): \[ 30 = 2x - 0.50x \] \[ 30 = 1.50x \] \[ x = \frac{30}{1.50} = 20 \]
The Spanish Club needs to sell 20 quiches to break even.
So, the correct response is 20 quiches.