Question

Jon spent $322 on advertising to attract customers to his new pie shop. Each pie costs $11 to make, and Jon will sell them for $25 each. Which equation can you use to find p, the number of pies Jon must sell for his sales to equal his expenses?

Answer 1

The equation to find Jon's break-even point for the number of pies sold is $11p + $322 = $25p.

Step-by-step explanation:

To find the number of pies Jon must sell for his sales to equal his expenses, we create an equation where the total cost of making pies plus the advertising costs equals the revenue from selling the pies.

The cost to make one pie is $11, and Jon sells each pie for $25. The fixed advertising cost is $322. Let's denote p as the number of pies. The equation for Jon's expenses would be the cost per pie times the number of pies plus advertising costs, which is $11p + $322. For revenue, it's the selling price per pie times the number of pies, which is $25p.

To find the break-even point where expenses equal revenue, we set these two expressions equal to each other:

$11p + $322 = $25p.