Math Problem Statement
The cost of operating an ice cream stand is described by the function C(q)=897+1.35q dollars when q ice cream cones are produced.
Each ice cream cone sells for $4.98.
What quantity of ice cream cones must the stand sell to break even?
Round your answer to the nearest whole number.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Break-even Analysis
Formulas
Revenue function: R(q) = 4.98q
Cost function: C(q) = 897 + 1.35q
Break-even condition: R(q) = C(q)
Theorems
Break-even Point Formula
Suitable Grade Level
Grades 8-10