Lesson 1.4: XYZ Greeting Card Company - PowerPoint PPT Presentation

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Lesson 1.4: XYZ Greeting Card Company

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You plan to start your own greeting card company. ... How many cards must you sell to equal or exceed your initial costs (your break-even point) ... – PowerPoint PPT presentation

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Title: Lesson 1.4: XYZ Greeting Card Company


1
Lesson 1.4 XYZ Greeting Card Company Business
Plan
  • You plan to start your own greeting card company.
    Your star-up costs for buying a computer and
    color printer are 1400. You also want to run an
    add for 50 per week for 4 weeks. You plan to
    sell each card for 1.79.
  • How many cards must you sell to equal or exceed
    your initial costs (your break-even point)?
  • Write an inequality to model the situation above
    and solve for question 1.
  • What about raising prices? How does the price
    increase change the number of cards you must sell
    to equal or exceed your initial cost? What are
    some factors you need to consider in choosing a
    price? What about selling at a lower price?
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