Wednesday

August 20, 2014

August 20, 2014

Posted by **Mandy** on Tuesday, December 13, 2011 at 11:10am.

Establish an equation to determine revenue. Establish an equation to determine total cost.

How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result.

As a business owner, it is very important to have an understanding of profit and loss. The formula for determining profit is Profit = revenue – cost (P = R – C).

Determine the profit if 500 specialty pizzas are sold. Interpret your result.

How many specialty pizzas would need to be sold to make a profit of $1,100? Interpret your result.

**Related Questions**

algebra - you have just graduated from college and recently opened a specialty ...

algebra - Break-Even Analysis: A Look at Profit and Loss: As an entrepreneur, ...

math - As an entrepreneur, there are going to be many decisions that you need ...

MATH - As an entrepreneur, there are going to be many decisions that you need to...

algebra for business - As an entrepreneur, there are going to be many decisions...

Algebra - Task Type: Individual Project Deliverable Length: 3 Parts: See ...

algebra - You have been put in charge of making pizza for the fundraiser. You ...

algebra - if you buy 10 pizzas and cheese pizzas cost $11, write equation giving...

Algebra - At a price of $10 the local pizza sells 800 pizzas. At a price of $8 ...

Algebra/Math - A group of parents is going to sell specialty coffee drinks ...