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The way you find profit is to subtract the revenue and the cost
Profit = Revenue - Cost
The revenue is the amount of money coming in, the cost is the amount of money going out. The goal of course is to have the revenue larger than the cost so that the profit is positive.
So the equation given is
P = 7.5n - (2.25n+15)
and its in the form
P = R - C
where...
R = 7.5n is the revenue equation
C = 2.25n+15 is the cost equation
Focus on the revenue equation
R = 7.5n
which is the same as
R = 7.50*n
This tells us that Sandra pulls in a total of 7.50*n dollars where n is some positive whole number. It represents the number of necklaces sold. For example, if she sold n = 10 necklaces, then
R = 7.50*n
R = 7.50*10
R = 750
meaning that Sandra has made $750 in revenue
As you can see above, the revenue is computed by multiplying the price per necklace ($7.50) by the number of necklaces sold (n) to get R = 7.50*n
So that's why the answer is $7.50
Note: The 2.25 is part of the cost equation. This is known as the variable cost. It is the cost to make one necklace ignoring the fixed cost (eg: rent). The variable cost often doesn't stay the same, but algebra textbooks often simplify this aspect.
<span>1. line goes through the points (9, 10) and (-3, 2). (a) What is the slope of the line? Show your work
slope = (10 - 2)/(9 + 3)
slope = 8/12
slope = 2/3
</span><span>2. Write the equation of the line in point-slope form.
Show your work
</span>
point-slope form. <span>
y - y1 = m(x - x1)
so equation
y - 2 = 2/3(x + 3)
</span><span>3. Write the equation of the line in slope-intercept form.
Show your work.</span><span>
</span>slope = 2/3, passing thru <span> (-3, 2)
</span><span>
y = mx + b
b = y - mx
b = 2 - (2/3)(-3)
b = 2 + 2
b = 4
equation
y = 2/3(x) + 4
</span>
176 and 180 all the other numbers are good
Answer:
y =
x - 11
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = 
with (x₁, y₁ ) = (2, - 4) and (x₂, y₂ ) = (6, 10)
m =
=
=
, thus
y =
x + c ← is the partial equation
To find c substitute either of the 2 points into the partial equation
Using (2, - 4) , then
- 4 = 7 + c ⇒ c = - 4 - 7 = - 11
y =
x - 11 ← equation of line