Question

16. A shoe company invests $300,000 in equipment to produce athletic foot wear. Each pair of shoes costs $5

to produce and is sold for $55. How many pairs of shoes must be sold before the business breaks even?

Answer 1

6000 pairs of shoes

Explanation:

Well what you have to do is subtract the 5 from the 55 (because that's the profit) and then you get 50. Then divide 300,000 by 50 and you get 6000