A bookstore costs $78 a day to keep open, and it spends $14 for each book
that it sells. If each book sells for $20, what is the break-even point for this
bookstore?
O A. n= 14
O B. n= 13
O C. n = 22
O D. n = 20

Answers

Answer 1

Answer:

13

Step-by-step explanation:

13

Answer 2

The break even point for this bookstore is n = 13.

What is Break-even Point?

Break even point is the point where the total revenue and total cost are equal to each other. That is, person does not suffer from loss or does not acquire profit.

Given that,

Cost for the bookstore for a day to keep open = $78

Cost for each book = $14

Let n denote the number of books made or sold in a day.

Then total cost for n books = 78 + 14n

Selling price for each book = $20

Revenue from n books = 20n

Break even point is the point when,

Total revenue = total cost

20n = 78 + 14n

6n = 78

n = 13

Hence the break even point for the store is n = 13.

Learn more about Break-even Points here :

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Answers

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