To determine the break-even point, or the number of units that must be sold so that no profit or loss occurs, an economist uses

Question

To determine the break-even point, or the number of units that must be sold so that no profit or loss occurs, an economist uses the formula Px = Cx + F, where P is the selling price per unit, x is the number of units that must be sold to break even, C is the cost to make each unit, and F is the fixed cost. A business analyst has determined that the selling price per unit for a laser printer is $1600. The cost to make one laser printer is $950, and the fixed cost is $211,250. Find the break-even point.

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