Math Problem Statement
Quest Manufacturing is building a product that costs $200 to start to build and $6.40 per unit sold. The company plans to sell each unit for $10.50. The company wrote an inequality to determine the minimum number of units (u) that it needs to sell to break even or make a profit on the product.10.50u greater than or equal to 200+6.40u What is the minimum amount of units that the company needs to sell to break even or make a profit on the product?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Inequalities
Linear Equations
Formulas
Profit = Revenue - Cost
Linear inequality: 10.50u ≥ 200 + 6.40u
Theorems
Properties of Inequalities
Suitable Grade Level
Grades 7-10
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