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Mathematics 7 Online
OpenStudy (anonymous):

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

OpenStudy (anonymous):

y=-16x^2+96x

OpenStudy (anonymous):

In simple terms you want to calculate the Break Even Point Right

OpenStudy (anonymous):

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

OpenStudy (anonymous):

ok use this simple formula \[{Total Fixed Cost}\over{Selling Price-Variable Cost}\]

OpenStudy (anonymous):

so what you are getting??

OpenStudy (anonymous):

150

OpenStudy (anonymous):

what is the meaning of Break Even Point do you know?

OpenStudy (anonymous):

when you made all the money back that you spent no more no less

OpenStudy (anonymous):

yes so if he will be selling more than 150 units he will be realizing a profit

OpenStudy (anonymous):

understood

OpenStudy (anonymous):

thank you i appreciate it !

OpenStudy (anonymous):

thanks

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