Asked by Ash
A musician is planning to market a CD. The fixed costs are $1260 and the variable costs are $5 per CD. The wholesale price of the CD will be $11. For the artist to make a profit, revenues must be greater than costs.
How many CDs, x, must be sold for the musician to break even?
How many CDs, x, must be sold for the musician to break even?
Answers
Answered by
drwls
Solve this equation for x:
11x = 1260 + 5x
11x = 1260 + 5x
Answered by
Do you Know him?
11x = 1260 + 5x