you determine that it is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza.

•Establish an equation to determine revenue.
•Establish an equation to determine total cost.
•How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result.
As a business owner, it is very important to have an understanding of profit and loss. The formula for determining profit is Profit = revenue – cost (P = R – C).

•Determine the profit if 500 specialty pizzas ar

Question

you determine that it is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza.

•Establish an equation to determine revenue.
•Establish an equation to determine total cost.
•How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result. 
As a business owner, it is very important to have an understanding of profit and loss. The formula for determining profit is Profit = revenue – cost (P = R – C).

•Determine the profit if 500 specialty pizzas ar

anonymous · Answer

y=4x+15

anonymous · Answer

Revenue is $15x where x is the number of pizzas sold.

Cost is 4x+55

To break even, Cost must equal revenue. 

So you have 4x+55=15x where x is the number of pizzas sold

Profit =15x-(4x+55) which becomes 11x-55=Profit

Profit on 500 pizzas is (11)(500)-55