Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

babybluz24149

  • 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.

  • This Question is Closed
  1. JonPelc
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Your wording is confusing me. Is that a labor cost of $4 per pizza? A fixed cost of $55 per pizza?

  2. satellite73
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    you are going to lose money on this venture

  3. satellite73
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    oh i see you need to solve \[55+4x=15x\] for x

  4. satellite73
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 2

    you get \[55=11x\] \[x=5\]

  5. Chlorophyll
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 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.

  6. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.