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2 answers:
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Answer:
Actual distance represented by 5.5 inch of map distance is
miles
Step-by-step explanation:
Given,
The scale of map -
1 inch on map is equal to 35 miles.
Distance measured by mike on map is equal to 5.5 inch
Actual distance represented by 5.5 inch of map distance is
miles
Part 1:
Fixed Cost, f = $20
number of balls = n
Cost of each ball, c = 4.32
Price of each ball, p = 8.32
Equation for total cost:
Total Cost of balls will come by adding the cost of all balls and the fixed cost
Total Cost = number of balls made × Cost of each ball + fixed cost
<em>C = 4.32n + 20</em>
Equation for revenue:
Revenue = Number of balls made × price of each ball
<em>R = 8.32n </em>
Part 2:
Use the graphing method to determine how many balls must be sold to break even
Breakeven means Revenue = total Cost
This happens at a point (5,41.6) where n = 5 is the number of balls sold
and C = 41.6 is the total cost
When 5 balls are sold there will be breakeven
R = 4n - 20
C = 4.32n + 20
Red line represent Cost
Black line represent Revenue
