You start up a business. You find that it cost you $20000 to get all the equipment you need to start the company. Each item that you produce costs $7.50 to produce. You charge $16 for each item that you sell.
Write the cost equation and the revenue equation for this situation. How many items represent your break even point?
-Corey
Thanks Please help ASAP.
Last edited by mr fantastic; October 16th, 2009 at 03:45 PM.
Reason: Changed post title
You start up a business. You find that it cost you $20000 to get all the equipment you need to start the company. Each item that you produce costs $7.50 to produce. You charge $16 for each item that you sell.
Write the cost equation and the revenue equation for this situation. How many items represent your break even point?
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Please help: cost equation and revenue equation 
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