# Quantitative Methods/Statistics

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Byron is planning to finance his college education by selling programs at the Kaplan University football games. There is a fixed cost of \$400 for printing these programs, and the variable cost is \$3. There is also a \$1,000 fee paid to the University for the right to sell these programs. If Byron was able to sell programs for \$5 each, how many would he have to sell to break even? How many would he have to sell to make a profit of \$5,000?

• Quantitative Methods/Statistics -

I assume variable cost is cost per program printed. Let x = # programs.

400 + 1000 + 3x = 5x

5000 + 400 + 1000 + 3x = 5x

Solve each for x.

• Quantitative Methods/Statistics -

is it 2000

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