Help me with this question please and show you work ;)
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Answer:
9 bracelets sold is the break even point.
Step-by-step explanation:
The total costs are 7.50 for each bracelet made and 225 for the booth rental.
Let the Costs = y and Let the number of bracelets = x.
So far what you have is
y = 225 + 7.50 * x
Balancing this out is the sale price
32.50 * x is the total income.
Equation
The break even point is where
y = 32.5x - (225 + 7.50x) = 0
Solution
32.5x - 225 - 7.50x = 0 Combine like terms on the left
25x - 225 = 0 Add 225 to both sides
25x - 225 + 225 = 0 + 225 Combine
25x = 225 Divide both sides by 25
25x/25 = 225/25
x = 9
The answer is that the break even point is when 9 bracelets have been sold.