A company manufactures custom travel mugs. The daily cost , in dollars, to manufacture mugs is given by the formula . The company sells each mug for 400$ in a day, how many mugs must the company manufacture?
Answer: 200 mugs
Answer
The company must manufacture 200 mugs to make a profit of exactly $400 in a day.
Subtracting the cost expression from the revenue expression gives the profit equation: . Distributing the negative sign results in , which simplifies to . Adding 250 to both sides gives . Dividing both sides by 3.25 yields .
Step-by-Step Solution
Key Concept
Solving linear equations in one variable derived from a real-world context.