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October 21, 2014

October 21, 2014

Posted by **Val** on Sunday, November 15, 2009 at 9:20am.

Under the new distribution system, the farmer is paid $1.26 per pound, what is the farmer’s breakeven point in units (pounds) now? What is the farmer’s breakeven point in dollars?

- math -
**bobpursley**, Sunday, November 15, 2009 at 11:10amFarmersProfit: income-costs

Netperlb*W - costperlb*W

So at breakeven, Profit is zero, so set the farmer's profit to zero, and solve for W.

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