Juan dela Cruz sells handcrafted yard decorations at county fairs. The variable cost to make these is P20 each, and he sells them for P50. The cost to rent a booth at the fair is P150. He is trying to find a new supplier that will reduce his variable cost of production to P15 per unit. If he was able to succeed in reducing this cost, what would the break-even point be?
Juan dela Cruz sells handcrafted yard decorations at county fairs. The variable cost to make these is P20 each, and he sells them for P50. The cost to rent a booth at the fair is P150. He is trying to find a new supplier that will reduce his variable cost of production to P15 per unit. If he was able to succeed in reducing this cost, what would the break-even point be?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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