A small business sells T-shirts during the Lasallian Week Festival. It is estimated that the variable cost to produce one T-shirt is 175 pesos. Also, the total cost to produce 60 T-Shirts is 15000 pesos. T-shirts are sold at a price of 456.25 pesos each. a. Find the total cost model. C(x)= b. How many T-shirts must be sold to break even? T-shirts c. How many T-shirts must be sold to make profit of 9000 pesos? 32 T-shirt (note: do not use space and comma for your answer)
A small business sells T-shirts during the Lasallian Week Festival. It is estimated that the variable cost to produce one T-shirt is 175 pesos. Also, the total cost to produce 60 T-Shirts is 15000 pesos. T-shirts are sold at a price of 456.25 pesos each. a. Find the total cost model. C(x)= b. How many T-shirts must be sold to break even? T-shirts c. How many T-shirts must be sold to make profit of 9000 pesos? 32 T-shirt (note: do not use space and comma for your answer)
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
Problem 3MC
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