PRODUCTION MANAGEMENT During the summer, a group of students builds kayaks in a converted garage. The rental for the garage is $1, 500 for the summer, and the materials needed to build a kayak cost $125. The kayaks can be sold for $275 apiece.
a. How many kayaks must the students sell to break even?
b. How many kayaks must the students sell to make a profit of at least $1, 000?
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