You start up a business. You find that it cost you $20000 to get all the equipment you need to start the company. Each item that you produce costs$7.50 to produce. You charge $16 for each item that you sell. Write the cost equation and the revenue equation for this situation. How many items represent your break even point? -Corey Thanks Please help ASAP. 2. Originally Posted by Cohrey You start up a business. You find that it cost you$20000 to get all the equipment you need to start the company. Each item that you produce costs $7.50 to produce. You charge$16 for each item that you sell.

Write the cost equation and the revenue equation for this situation. How many items represent your break even point?

-Corey

whr r u stuck?

3. ## Ya i Am..

Can u plz help..?

4. Originally Posted by Cohrey
Can u plz help..?
well this q is straight fwd

cost = 20000 + 7.5x
where x is number of items produced.
20000 - Fixed cost
7.5x - Variable cost

Now write down the revenue equation.

And find the breakeven point.