If you need more than 60% of the students surveyed to like your product how many out of 500 would you have to survey
1 answer:
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Answer:
The price is x = $2.779
Step-by-step explanation:
From the question we are told that
The revenue is
The cost of production is
Generally at break even point the cost of production is equal to the revenue
So
=>
Using the quadratic formula to solve this equation we have that
x = $2.779