Bill runs a business that makes custom-printed towels. It will cost him $8 each to purchase and print on towels, and he will have to pay a rent of $1,700 per month for him workshop. Based on market research, Bill estimates that he can sell custom towels for $25 each.  a) Calculate the number of towels he needs to sell per month to break-even.  towels b) Calculate the break-even in dollars (round off to the nearest cent)

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Bill runs a business that makes custom-printed towels. It will cost him $8 each to purchase and print on towels, and he will have to pay a rent of $1,700 per month for him workshop. Based on market research, Bill estimates that he can sell custom towels for $25 each. 


a) Calculate the number of towels he needs to sell per month to break-even.

 towels

b) Calculate the break-even in dollars (round off to the nearest cent).

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