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November 01, 2025, 10:01:44 am

Author Topic: break even confusion  (Read 1690 times)  Share 

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kriptik

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break even confusion
« on: October 04, 2010, 03:25:49 pm »
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when I solve part C of the question, do I leave it as it is(5.8)  or do I round up/down ?
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LFTM

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Re: break even confusion
« Reply #1 on: October 04, 2010, 03:54:00 pm »
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Round up, you can't have 4.5 mobiles for example, they must be whole(in order to break even).
« Last Edit: October 04, 2010, 04:00:48 pm by LFTM »

kriptik

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Re: break even confusion
« Reply #2 on: October 04, 2010, 04:05:44 pm »
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but if we round up, wouldn't it be considered as profit and not breaking even?
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LFTM

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Re: break even confusion
« Reply #3 on: October 04, 2010, 04:26:12 pm »
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can i ask what answer you got?

kriptik

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Re: break even confusion
« Reply #4 on: October 04, 2010, 04:32:14 pm »
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i did this

R= 5.5x
C= 3.4x+12.2

making R=C

5.5x=3.4x+12.2
2.1x=12.2
x=5.81
now if i round this up it would be considered as Martha making a profit. So do i just leave it as 5.81 phones?
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letsride

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Re: break even confusion
« Reply #5 on: October 04, 2010, 04:35:12 pm »
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you can't have .81 of a phone so you have to go down to x=5
what we were told last year in fm, roundinf off doesnt always work in logical answers =P

LFTM

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Re: break even confusion
« Reply #6 on: October 04, 2010, 04:35:54 pm »
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That's what i did, I'm preety sure you have to round up because a similar question to this came up in my sac and the teacher said you must round up, if you round down she won't break even.  

jasoN-

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Re: break even confusion
« Reply #7 on: October 04, 2010, 05:24:24 pm »
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round up
if you round down you won't break even (as above said)
break even is either on the dollar or profit
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kriptik

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Re: break even confusion
« Reply #8 on: October 04, 2010, 09:29:37 pm »
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ill ask my teacher just to make sure, see what he says.
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nbalakers24

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Re: break even confusion
« Reply #9 on: October 05, 2010, 05:41:11 pm »
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round up although its profit, its also breaking even. where as rounding down is just a loss.

crayolé

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Re: break even confusion
« Reply #10 on: October 05, 2010, 06:13:13 pm »
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Also "break" means to pass. It doesn't necessarily mean equate to. It just refers the the point where the income literally 'passes' the even point.
Common sense really 8)

Albeno69

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Re: break even confusion
« Reply #11 on: October 05, 2010, 07:04:14 pm »
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break even is an accouting term it means how many mobiles does he martha have to sell to make no profit but no loss. 0 dollers.

stonecold

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Re: break even confusion
« Reply #12 on: October 05, 2010, 07:04:54 pm »
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For simplicities sake, just round up.
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superstar1

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Re: break even confusion
« Reply #13 on: October 06, 2010, 07:04:30 pm »
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hey stonecold you got 48 in further, how many marks did you lose over both exams to end up with that mark? i would really like to know, thanks.

stonecold

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Re: break even confusion
« Reply #14 on: October 06, 2010, 07:15:09 pm »
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I didn't get a statement of marks, but I know it was at least 2 from reading the examiners report.  I knew about those mistakes literally moments after walking out of the exam anyway...

I don't know if I made any other mistakes.  Possibly lost another mark or 2 at absolute most.
2011-13: BBiomed (Microbiology & Immunology Major) @ UniMelb


VCE 2009'10: English 46 | English Language 49 | Chemistry 50 | Biology 50 | Further Mathematics 48 | Mathematical Methods CAS 39
ATAR: 99.85

"Failure is not when one falls down but rather when one fails to get up" - unknown