How many shirts must be purchased so that the cost is the same at both companies
What is your answer?
To determine how many shirts must be purchased so that the cost is the same at both companies, we need to compare the prices of the shirts at each company and calculate the break-even point.
Here are the steps to follow:
1. Obtain the price per shirt at each company: For example, let's say Company A sells shirts for $20 each and Company B sells shirts for $25 each.
2. Determine the difference in price per shirt: Calculate the difference between the prices by subtracting the price at Company A from the price at Company B. In our example, the difference would be $25 - $20 = $5.
3. Calculate the break-even point: Divide the price difference by the difference in price per shirt. In this case, $5 / $5 = 1. This means that for every shirt purchased at Company B, you would need to purchase an additional shirt at Company A to break-even in terms of cost.
Therefore, to make the cost the same at both companies, you would need to purchase one additional shirt at Company A for every shirt purchased at Company B.