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Julio has started his very own floral business. He sells centerpieces for $19. 50 each. His fixed costs are $500 per month, and each centerpiece cost $8 to produce.

Sagot :

Julio established his very own floral shop. He charges $19.50 for each centerpiece. Each centerpiece he produces costs $8, and his fixed monthly expenses total $500.

The total cost, C, is the sum of the cost to produce the centerpieces and the fixed cost. The equation for C is C = 8n + 500.

The total revenue, R, of Julio's floral business is the product of the cost per centerpiece and the number of centerpieces sold. The equation for R is R = 19.50n.

$19.50x - $8x-500 = 0 (Break even) x+=+500%2F11.50

25P - 25*8 - 500 = 0 (Break even with 25 sold P+=+700%2F25 = $28

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