Answer:
Revenue = 34x
6 bracelets need to be sold for the business to break even
Step-by-step explanation:
Given : The cost C (in dollars) for beads to make bracelets is C=4x+180,
where x is the number of bracelets.
Each bracelet sells for $34
To Find :
A. Write an equation for the revenue R in terms of the number of bracelets
B. How many bracelets need to be sold for the business to break even?
Solution :
Since the price of bracelet is $34
Suppose x no. of bracelets are sold .
Formula of revenue = Price * Quantity
Revenue = 34x
An equation for the revenue R in terms of the number of bracelets = 34x
Now to calculate How many bracelets need to be sold for the business to break even
⇒4x+180 = 34x
⇒180=30x
⇒[tex]x=\frac{180}{30}[/tex]
⇒[tex]x=6[/tex]
Thus 6 bracelets need to be sold for the business to break even
