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Several students have a really great business plan and decide to start a graphic T-shirt company. After initial expenses of $280, they will purchase each T-shirt wholesale for $3.99. They will then sell the each shirt for $10.99. How many must they sell to break even?
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@amistre64
i order to break even, you have to get as much money as you spend. Costs has to equal Revenues
Cost = initial expense + price per Tshirt Revenue = the selling price per Tshirt so we need to know the value of T such that: 280+3.99T = 10.99T
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