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i need some help with some college algebra. If I have to sell pizza for $15 and the cost of making the pizzas include a fixed cost of $55 and a labor cost of $4. What would the equation be to determine the revenue. Determine the total cost. How many pizzas must be sold to break even.
 2 years ago
 2 years ago
i need some help with some college algebra. If I have to sell pizza for $15 and the cost of making the pizzas include a fixed cost of $55 and a labor cost of $4. What would the equation be to determine the revenue. Determine the total cost. How many pizzas must be sold to break even.
 2 years ago
 2 years ago

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JonPelcBest ResponseYou've already chosen the best response.0
Your wording is confusing me. Is that a labor cost of $4 per pizza? A fixed cost of $55 per pizza?
 2 years ago

satellite73Best ResponseYou've already chosen the best response.2
you are going to lose money on this venture
 2 years ago

satellite73Best ResponseYou've already chosen the best response.2
oh i see you need to solve \[55+4x=15x\] for x
 2 years ago

satellite73Best ResponseYou've already chosen the best response.2
you get \[55=11x\] \[x=5\]
 2 years ago

ChlorophyllBest ResponseYou've already chosen the best response.0
Cost C (q) = 4q + 55 Revenue R(q) = 15q > Break even: 15q = 4q + 55 => 11q = 55 Thus q = 55/11 = 5 pizza In order to break even, the quantity sale out need to be at least 5 pizzas.
 2 years ago
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