spook1829
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The Cost of producing n items is given as C = 5 + 2n, where 5 is initial cost and 2 is a cost per item. Profit is given as P = 3n – 2 where 2 are initial expenses and 3 is a price for unit. Find the number of units we need to sell to make profit cover the costs (break-even point). Please show the entire solution

Respuesta :

Answer:

7 units

Step-by-step explanation:

If we want the profit to break even with the cost, then we must make the equations for cost and profit equal to each other.

3n-2=5+2n

First, we can subtract 2n from both sides and we get :

n-2=5

Next, we add 2 to both sides, and we get :

n=7

Therefore, we will need 7 units to break even with the cost and profit.

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