<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>
Algebra is Faster And Better Than “Basic” Math
Just as multiplying two by twelve is faster than counting to 24 or adding 2 twelve times, algebra helps us solve problems more quickly and easily than we could otherwise. Algebra also opens up whole new areas of life problems, such as graphing curves that cannot be solved with only foundational math skills.
I'm assuming you're referring to problem 6. You are asked to find the number of x intercepts or roots, which is another term for "zero". I prefer the term root or x intercept as "zero" seems misleading. Anyways, all we do is count the number of times the graph crosses the x axis. This happens 4 times as shown in the attached image below. I have marked these points in red. The graph can directly cross over the x axis, or it can touch the x axis and then bounce back. Either way, it is considered an x intercept.
<h3>Answer: there are 4 x intercepts (or 4 roots)</h3>
Answer:
D. $455.80
Step-by-step explanation:
True Balance = Bank Statement - Outstanding Checks
= $592.53 - ($49.80 + $86.93)
= $455.80
