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Ivenika [448]
3 years ago
9

The Oliver Company plans to market a new product. Based on its market studies, Oliver estimates that it can sell up to 5,500 uni

ts in 2005. The selling price will be $7 per unit. Variable costs are estimated to be 40% of total revenue. Fixed costs are estimated to be $6,300 for 2005. How many units should the company sell to break even?
Mathematics
1 answer:
Ghella [55]3 years ago
8 0
<span>For the Oliver Company to break even, the total revenue must equal the sum of the variable costs and the fixed cost. Mathematically, this can be represented as: Total revenue = 0.4*(Total revenue) + (Fixed Costs) Let the number of units sold be x. then, 7*x = 0.4*(7*x) + 6300 Thus, x = 6300/(0.6*7) = 1500 units. Thus the company will have to sell 1500 units to break even.</span>
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Answer:

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Step-by-step explanation:

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2 years ago
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Answer:

72°

Step-by-step explanation:

From the information given:

A town planner wants to build two new streets, Elm Street and Garden Road, to connect parallel streets Maple Drive and Pine Avenue.

We are also told that there is a  Trapezoid EFGH with EH as the Pine avenue and EF as the Elm street.

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From the property of parallel lines :

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The required angle between Elm Street and Pine Avenue would be interior angles +  180°  given that  alternate angles are also equal.

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3 years ago
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3 years ago
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\huge{\boxed{7}}

To find the value of x, we need to isolate it. In this case, we can do so by dividing it by -2, and what we do to one side of the equation, we have to do to the other. So, divide both sides of the equation by -2. x=\boxed{7}

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The explanation for this answer is shown below:

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