Samir, a carpenter, spent $300 on specialty tools to make toy horses for children. For each horse he makes, he spends $75 on supplies. He charges $125 for each horse. How many horses must Samir sell in order to break even?
O 2
O 3
O 4
O 6

Given:

Fixed cost = $300

Variable cost = $75 on each supply

Revenue = $125 on each horse.

To find:

The number of horses for break even.

Solution:

Let x be the number of horses.

The fixed cost is $300 and the variable cost is $75 on each supply. So, the cost function is:

The revenue from each horse is $125. So, the revenue function is:

On break even, the revenue and cost are equal.

Divide both sides by 50.

The number of horses for break even is 6.

Therefore, the correct option is D.

0.16 or 16%

step-by-step explanation:

lets take a coin for example.

if you toss it twice, it has a 1/4 chance of landing on heads both times because 1/2 * 1/2 is 1/4.

with the cards, the chance of picking dog is 0.4. having two people pick one is like picking a card twice in a row. so 0.4 * 0.4 is 0.16, or 16%

the line of