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Economics - Financial Markets
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Shady Company info: Selling price per screen $18 Total fixed cost per month 1225 Variable cost per screen 7 If shady wants to earn $1250 profit next month, how many screens must it sell?
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Let X = number of screens 18X = sales 7X = total variable costs 1250 = 18X - 7X - 1225 1250 = 11X - 1225 Solve for X and you're done.
Thank you! I didn't even think to put it in those terms. Makes sense!
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