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Question
A sportswear manufacturer is introducing a new line of sneakers. To introduce the new line, the company must pay out a
fixed cost of $1.5 million for advertising and equipment, plus there is a cost of 40 cents per pair of sneakers manufactured.
It plans to sell the sneakers for $75 per pair.
Let x be the number of pairs of sneakers manufactured. If the firm only manages to sell 15, 000 sneakers, what is the total
loss?

Respuesta :

Step-by-step explanation:

1.5 mill + 40 cent per

sell for 75 per

change numbers

1, 500, 000 + 4 per

sell for 75 per

x = each sneaker

1, 500, 000 + 4 x

sell for 75 x

we want to sell 15, 000

put 15, 000 where x is

1, 500, 000 + 4 (15, 000)

sell for 75 (15, 000)

1, 500, 000 + 4 × 15, 000 = 1, 560, 000

sell for 75 × 15, 000 = 1125000

minus the amount to make sneakers from amount getting for the sneakers

loss = ?

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