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Caroline Flake - AHS 2021
on Dec 01, 2024

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Florence's Restaurant estimates that its total costs of providing Q meals per month is given by TC = 8,000 + 5Q.If Florence charges $9 per meal, what is its break even level of output?

A) 4,000 meals
B) 571.43 meals
C) 888.89 meals
D) 1,600 meals
E) 2,000 meals

Total Costs

The sum of all costs associated with the production of goods or services, including fixed and variable costs.

Break Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.

Meals

The portioned eating occasions in a day typically including breakfast, lunch, and dinner, and sometimes snacks, consisting of prepared food.

  • Assess the influence of fixed expenses on manufacturing choices and the analysis of break-even points.
  • Ascertain the production quantity where total expenses meet the revenue generated per unit price.
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shawn turnerDec 08, 2024
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