ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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You sell homemade candles online for $50 each and you hire your family members to make the candles. It takes a family member 1 hour to produce a candle and you pay them $15 per hour. Production of each candle requires $10 worth of materials. You also have to pay Etsy $500 each month for the right to sell as many candles as you would like on their website.
How many candles do you have to sell each month to break even? Enter your answer as a number below.
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