b What is the profit on 343 items In the equation for P x

Last updated: 6/17/2023

b What is the profit on 343 items In the equation for P x the profit in dollars is represented by P and the number of items produced and sold is represented by x Therefore to find the profit when 343 items are sold we substitute 343 for in the equation P x 300x 3 300 Find P 343 P x 300x 3 300 Step 4 P 343 300 343 99600 343 99 600 3 300 That is if 343 items are produced and sold the total profit is 99600 99 600 c How many items must be sold to avoid losing money The manufacturer makes money if the profit is Select and loses money if the profit is Select When the manufacturer breaks even the profit is 0 So to avoid losing money the manufacturer must produce and sell the break even quantity which is the number of items that results in a profit equal to 0 We can find the break even quantity by solving the equation P x