Question

Bruce owns a business that produces widgets. He must bring in more revenue than he pays out in costs in order to turn a profit.

It costs $10 in labor and materials to make each widget.
His rent each month for his factory is $4000.
He sells each widget for $25.

Answer 1

Answer: 267

Step-by-step explanation:

Note: A profit occurs when enough widgets are made and sold to break even. (i.e. R = C) Note: A minimum of 267 widgets must be sold in order to make a profit.

(Set up equation) 25x = 10x + 4000

–10x –10x

15x = 4000

15x 4000

15 15

=

x = 267