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Tyke Trike produces a specialized trike designed for the upscale toddler bike market. Millennial Insta Influencers love the trike for its style and safety. Tyke
Tyke Trike produces a specialized trike designed for the upscale toddler bike market. Millennial Insta Influencers love the trike for its style and safety. Tyke Trike sells the trikes to retailers for $100. The total fixed costs are $50,000 and variable costs to produce the trikes are $50 per unit. Select retailers are selling the trike for $200.00. How many trikes will Tyke Trike need to sell to breakeven
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