Your break even point is 3000 units you make $5 each unit that is your price minus variable coals is $5 what your fixed cost ? U
1 answer:
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Given:
The price of bananas can be determined by the equation P=0.25n, where P is the price and n is the number of bananas.
To find:
The constant of proportionality
Solution:
We have,
...(i)
where P is the price and n is the number of bananas.
Price P is directly proportional to the number of bananas. So,
...(ii)
Where, k is the constant of proportionality.
On comparing (i) and (ii), we get
Therefore, the constant of proportionality is 0.25.