Carrillo Jimenez
03/24/2024 · Primary School

A popular donut shops uses the following two equations to calculate their revenue and their cost. The cost is calculated using \( E=0.15 n+6800 \) where \( E \) represents the monthly expenses, and \( n \) is the number of donuts that the shop made that month. The revenue is calculated using \( R=0.85 n \) where \( R \) is the monthly revenue, and \( n \) is the number of donuts sold that month. Calculate the monthly break-even point. Round your answer to the next largest donut. \( n=\square \) donuts

UpStudy ThothAI Solution

Tutor-Verified Answer

Step-by-step Solution

To find the monthly break-even point, we need to set the revenue equal to the expenses: \[ R = E \] Substituting the equations for revenue and expenses: \[ 0.85n = 0.15n + 6800 \] Now, we will solve for \( n \): 1. Subtract \( 0.15n \) from both sides: \[ 0.85n - 0.15n = 6800 \] 2. This simplifies to: \[ 0.70n = 6800 \] 3. Now, divide both sides by \( 0.70 \): \[ n = \frac{6800}{0.70} \] 4. Calculating the right side: \[ n = 9714.2857 \] Since we need to round to the next largest donut, we round \( 9714.2857 \) up to \( 9715 \). Thus, the monthly break-even point is: \[ n = 9715 \text{ donuts} \]

Quick Answer

The monthly break-even point is 9715 donuts.
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text

Enter your question here…

By image
Re-Upload
Uploaded Files
xxxx.png0%
Submit
📸 STUDY CAN BE A REAL STRUGGLE
Why Not UpStudy It?
Select your plan below
Premium

You can enjoy

  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to answer and
    solution
Basic
  • Limited Solutions