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WidgCo is a company that produces widgets. Their monthly operating costs are $28,838, and it costs them $5 to produce each widget. They sell widgets
WidgCo is a company that produces widgets. Their monthly operating costs are $28,838, and it costs them $5 to produce each widget. They sell widgets to distributors for $14 each.
- LetPrepresent WidgCo's monthly profit, and letxrepresent the number of widgets produced and sold each month. Set up an equation that describes the relationship betweenPandx.
- How many widgets must WidgCo produce and sell each month to break even?
Enter the answer to Part b in the box below.
Round your answer to the nearest widget
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