Answer to Question #16784 in Algebra for Hopie

Question #16784
Wayne the bake and shark specialist, sells each bake and shark sandwiches for $25. If his average variable cost is $15 and his total fixed cost is $2000 per month. How many bake and shark sandwiches must Wayne sell to generate $3000 in profit?
1
Expert's answer
2012-10-23T09:31:16-0400
Wayne must sell

N = ($3000+$2000)/($25-$15) = 500

bake and shark sandwiches during one month to generate $3000 in profit.




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