Problema Solution
A camera manufacturer spends $1800 each day for overhead expenses plus $9 per camera for labor and materials. The cameras sell for $18 each. How many cameras must the company sell in one day to equal its daily costs? If the manufacturer can increase production by 50 cameras per day, what would their daily profit be?
Answer provided by our tutors
1800 / (18-9) = 200
50 x (18-9) = 450