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jasenka [17]
3 years ago
6

Explain what a variable is

Mathematics
1 answer:
AleksAgata [21]3 years ago
7 0
A variable is a letter that replaces an unknown number.
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Step-by-step explanation:

In this question, we are trying to evaluate the number of toothpicks a company must sell to ensure that the money spent on production is exactly equal to revenue from sales.

What we do is this!

Let’s assign a variable to represent the number of tooth picks sold and produced by the company. Let us call this number x.

First, we evaluate the total amount spent on production of x toothpicks. From the question, we can see that the cost of producing a single toothpick is $0.01, hence, to produce x toothpicks, amount spent asides the fixed cost is $0.01 * x = $0.01x

Now, the total cost on production which includes the fixed cost of the company would be $(0.01x + 60). This is the total amount spent to produce the goods.

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Since we are looking to Breakeven, we equate the costs to the revenue.

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