Question: Mikey W. Smitty, an emerging rapper, is getting ready to cut his first CD, called Western Rap. The cost of recording the CD is $5000

Mikey W. Smitty, an emerging rapper, is getting ready to cut his first CD, called “Western Rap.” The cost of recording the CD is $5000 but copies are $5 apiece. If the CDs can be sold for $15 each, how many CDs must be sold to break even? What is the breakeven point in dollars?

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