A musician is planning to market a CD. The fixed costs are $450 and the variable costs are $6 per CD. The wholesale price of the CD will be $9. For the artist to make a profit, revenues must be greater than costs. How many CDs, x, must be sold for the musician to make a profit
y=-16x^2+96x
In simple terms you want to calculate the Break Even Point Right
im not sure ? the question states how many to make a profit but the answer choices look like this A. x>170 B.x>150 C.x>160 D.x>140
ok use this simple formula \[{Total Fixed Cost}\over{Selling Price-Variable Cost}\]
so what you are getting??
150
what is the meaning of Break Even Point do you know?
when you made all the money back that you spent no more no less
yes so if he will be selling more than 150 units he will be realizing a profit
understood
thank you i appreciate it !
thanks
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