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Bond [772]
3 years ago
7

Mary owns a coffee shop. She charges $4.50 for a cup of coffee, and it costs her $1.25 to make each cup of coffee plus a $75 a d

ay for other expenses. Write and solve an equation to determine how many cups of coffee, c, will Mary need to sell to break-even?
Mathematics
1 answer:
Elena L [17]3 years ago
5 0

Answer:

Approximately 23 cups of coffee

Step-by-step explanation:

Break even = Fixed cost/Selling price - variable cost

Fixed cost = $75

Selling price = $4.50

Variable cost = $1.25

Break even = $75/$4.50 - $1.25

= 23.076923077

Approximately = 23

Therefore, Mary has to sell approximately 23 cups of coffee daily in order to break evem

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5 0
3 years ago
a cell phone store sells the basic model of a phone for $30 and the upgraded model for $100 when a customer signs a two-year agr
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