sharonpatta sharonpatta

23-07-2016
Mathematics

Answered

A yo-yo factory has fixed operating costs of $4500 per day plus costs of $1.20 per yo-yo produced. If a yo-yo sells for $4.80, what is the minimum number that must be sold in a day to earn a profit?

Verified Answer :

texaschic101 texaschic101

23-07-2016

4500 + 1.20x < 4.80x
4500 < 4.80x - 1.20x
4500 < 3.60x
4500/3.60 < x
1250 < x.......minimum number would be 1251

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