S=Selling price 135
V=Variable cost 75
F=Fixed cost 3300
Let quantity be Q
The formula to break even is
135Q-75Q-3300=0
Solve for Q
60Q-3300=0
60Q=3300
Q=3300/60
Q=50
So the store must sell 50 bicycles to break even
Hope it helps!
Answer:
but you have to help me
Step-by-step explanation:
Using a binomial distribution considering there's a 30% chance it will rain on any of the three days:
<span>The probability of it raining on 0 days is (1)(0.7)(0.7)(0.7) = 34.3%. </span>
<span>The probability of it raining on 1 day is (3)(0.3)(0.7)(0.7) = 44.1%. </span>
<span>The probability of it raining on 2 days is (3)(0.3)(0.3)(0.7) = 18.9%. </span>
<span>The probability of it raining on 3 days is (1)(0.3)(0.3)(0.3) = 2.7%. </span>
<span>There's a 65.7% chance that it will rain at least once over the three-day period.</span>
= 16 + 49 - 3(11) - 4(10)
= 16 + 49 - 33 - 40
= -8