145k views
4 votes
Mike and Kim invest 14,000 in equipment to print yearbooks first schools. Each costs $7 to print and sells for $35. How many yearbooks must they seek before their business breaks even?

2 Answers

1 vote

Answer:

5000

Explanation:

Let x be the number of yearbooks to print and sell.

Each costs $7 = -7x

Sells for $35 = 35x

When business breaks even it means the total cost is equal to the total revenue. Hence:

35x - 7x = 14000

<=> 28x = 14000

<=> x = 5000

So at 5000 yearbooks , they seek before their business breaks even

User Jelena
by
7.6k points
3 votes

Explanation:

Below is an attachment containing the solution.

Mike and Kim invest 14,000 in equipment to print yearbooks first schools. Each costs-example-1
User Litisqe Kumar
by
7.3k points