Toby's Tiny Toys have an expense equation of E = 12.45q + 53,900.Toby's sell its toys for $16.50 each,and its revenue equation is R = 16.5q.How many tiny toys does it have to sell to reach its breakeven point?

Expense Equation

A financial formula used to calculate the total expenses by summing all costs, both fixed and variable.

Revenue Equation

The revenue equation is a mathematical expression that calculates the total revenue earned by selling goods or services, usually represented as Revenue = Price x Quantity sold.

Breakeven Point

The financial point at which costs or expenses and revenue are equal, resulting in neither profit nor loss.