00:01
Okay, so this is a word problem.
00:02
It's a break -even word problem, which just means we have to set cost equal to revenue.
00:11
Okay, so the formula for cost is 8650x plus 250 ,000.
00:27
Okay, and then revenue is 9950x.
00:36
So breaking even just means that our costs are equal to our revenue, and then anything past that, profit.
00:46
So in order to do this, we just set them equal to each other.
00:49
So we have 8650x plus 250 ,000.
01:02
I think i missed a zero up here, equals 9950x.
01:12
So if i subtracted 8650x, just solving this algebraically, i'll get 250 ,000 equals 1 ,300x.
01:27
And so therefore, x is we can drop two zeros, 2 ,500 over 13.
01:44
Okay, and so that's going to equal around 192 .3 units...