ECONOMICS

COST ACCOUNTING

BREAK EVEN POINT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
At a local concert hall, the owner charges $7 per ticket. The owner must pay his band $1200. Every customer receives a brochure that costs the owner $2 for each person.Write an equation for cost and income
A
Cost:y = 2x + 1200Income:y = 7x
B
Cost:y = 7x + 1200Income:y = 2x
C
Cost:y = x + 1200Income:y = 7
D
Cost:y = 2x + 7Income:y = 1200x
Explanation: 
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