Mathematical Equation Solving
Table of Contents
Q 1(a). 3
Q 1(b). 3
Q 2. 3
Q 3. 3
Q 4. 4
Q 5. 4
Q 1(a)
Selling Price : $ 11 per shaver.
Variable Cost per shaver = $ 3
Fixed Cost = $ 100000
In order to break even,
R(X) – C(X) should be equal to zero.
Hence, the equation would be = (11x – 3x – 100000) should be equal to zero.
Solving for X, we get 12,500 units.
Q 1(b)
If the company sells 15000 units, then it is higher than the break even point of 12,500 units. This would result in a profit.
Hence, Profit = ((11*15000) – (3*15000) – 10000...
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