A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cost of $1.5 million for advertising and equipment, plus there is a cost of 40 cents per pair of sneakers manufactured. It plans to sell the sneakers for $75 per pair. Let x be the number of pairs of sneakers manufactured. What is the value of x at breakeven? Give your answer to the nearest 10.
A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cost of $1.5 million for advertising and equipment, plus there is a cost of 40 cents per pair of sneakers manufactured. It plans to sell the sneakers for $75 per pair. Let x be the number of pairs of sneakers manufactured. What is the value of x at breakeven? Give your answer to the nearest 10.
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...
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A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a fixed cost of $1.5 million for advertising and equipment, plus there is a cost of 40 cents per pair of sneakers manufactured. It plans to sell the sneakers for $75 per pair.
Let x be the number of pairs of sneakers manufactured. What is the value of x at breakeven? Give your answer to the nearest 10.
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