To find: The minimum number of candy bars that will earn the company a profit.
The minimum number of candy bars is equal to
Given information:
The Gravenor Candy Co. finds that the cost of making a certain candy bar is
Fixed costs amount to
Calculation:
Let
The cost of making a certain candy bar is
Since the company sells
For the company profit, the revenue must be greater than the cost and it can be expressed in inequality below:
Solve for
Therefore, the company must make and sell at least
Chapter 2 Solutions
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