Does this graph represent a function? Need this ASAP
2 answers:
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<u>Answer:</u>
The bikes sold at break even by the manufacturer is 50 units
<u>Explanation:</u>
We know that break even point is given by the following formula,
We are given startup fee = $3500 which is the fixed cost,
the bikes sell for $250 which is the price per unit and
cost per bike is equal to $180
So substituting these values in the formula we get
=
= = 50
= 50 units which is the number of bikes sold at break even by the manufacturer.