A company is selling toothpicks. It costs $0.01 to produce each toothpick and a fixed cost of $60 a month for the company. If the company is selling toothpicks for $0.02 each, how many toothpicks must they sell a month in order to break-even?

6,000 toothpicks

Step-by-step explanation:

In this question, we are trying to evaluate the number of toothpicks a company must sell to ensure that the money spent on production is exactly equal to revenue from sales.

What we do is this!

Let’s assign a variable to represent the number of tooth picks sold and produced by the company. Let us call this number x.

First, we evaluate the total amount spent on production of x toothpicks. From the question, we can see that the cost of producing a single toothpick is $0.01, hence, to produce x toothpicks, amount spent asides the fixed cost is $0.01 * x = $0.01x

Now, the total cost on production which includes the fixed cost of the company would be $(0.01x + 60). This is the total amount spent to produce the goods.

Now revenue from sales for x toothpicks at $0.02 each is $0.02x

Since we are looking to Breakeven, we equate the costs to the revenue.

0.01x + 60 = 0.02x

0.02x-0.01x = 60

0.01x = 60

x = 60/0.01 = 6,000 toothpicks

a long term investor

step-by-step explanation:

because he is a long term investor

the argument of alfred t. mahan, henry cabot lodge, and albert j. beveridge was the economically and mass production the the americans could not consume themselves. this led expansion to sell to other foreign nations for profits.

step-by-step explanation:

this is my explanation