The rock band, Screamin’ Meanies, has a fan club that publishes a monthly newsletter. Expenses are $.35 for printing and mailing each copy, plus $770 total for research, writing and other costs. The price of the newsletter is $.55 per copy. How many copies of the newsletter must the club sell to break even each month?
Accepted Solution
A:
" break even " is when ur expenses = revenue.....there is no profit made when u break even
so they have to equal to break even...so set them equal to each other and solve for x 0.35x + 770 = 0.55x 770 = 0.55x - 0.35x 770 = 0.2x 770 / 0.2 = x 3850 = x <== they must sell 3850 copies to break even