A small software company invests $16,000 to produce a software package that will sell for $46.70. Each unit costs $8.25 to produce. (Round your answers to the nearest whole number.) (a) How many units must the company sell to break even? units (b) How many units must the company sell to make a profit of $105,000? units
A small software company invests $16,000 to produce a software package that will sell for $46.70. Each unit costs $8.25 to produce. (Round your answers to the nearest whole number.) (a) How many units must the company sell to break even? units (b) How many units must the company sell to make a profit of $105,000? units
Chapter6: Systems Of Equations And Inequalities
Section6.1: Linear And Nonlinear Systems Of Equations
Problem 6ECP
Related questions
Question
A small software company invests $16,000 to produce a software package that will sell for $46.70. Each unit costs $8.25 to produce. (Round your answers to the nearest whole number.)
(a) How many units must the company sell to break even?
units
(b) How many units must the company sell to make a profit of $105,000?
units
units
(b) How many units must the company sell to make a profit of $105,000?
units
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Recommended textbooks for you
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning