Becky, an artist, plans to paint and sell some miniature paintings. She just bought some brushes for $1, and paint and canvas for each painting costs $21; she will sell each painting for $22. Once Becky sells a certain number of her paintings, she will be breaking even. How much will Becky have earned? How many paintings will that be?

After one unit is sold, Becky will break-even.

Step-by-step explanation:

Giving the following information:

Fixed costs= $1

Unitary variable cost= $21

Selling price= $22

The break-even point is the number of units required to cover the fixed costs after deducting from the selling price the variable components. At this point, net income is zero.

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 1 / (22 - 21)

Break-even point in units= 1

After one unit is sold, Becky will break-even.

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

true

step-by-step explanation: