Tim wrote the following statement:
2 answers:
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Answer:
Nina would have total expenses and sales $156 after selling 4 necklaces.
Step-by-step explanation:
Let <em>x</em> represent the amount of necklaces made and sold.
The initial cost was $140 and it costs $4 to produce one necklace. Hence, the total cost after producing <em>x</em> necklaces can be represented as:
Each necklace sells for $39. Hence, the total profit after selling <em>x</em> necklaces can be represented as:
To break even, the total cost and profit must be equivalent. Hence:
Solve for <em>x: </em>
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Hence, the break even, Nina would need to sell four necklaces.
And the total expenses/profit would be:
In conclusion, Nina would have total expenses and sales $156 after selling 4 necklaces.