Answer:
use the slope equation (y2-y1) / (x2 -x1). plug in values and solve
(-1 -7) / (9 -(-3)) (subtracting a negative is the same as adding a positive)
-8 / 12 (simplify)
m = -2/3
then, plug in one of the points and the slope into the slope-point equation.
(y - y1) = m (x - x1) (the point-slope form)
y - 7 = -2/3( x - (-3)) (plug in the slope and point 1 values, then solve)
y - 7 = -2/3x - 2 (add 7 to both sides)
y = 2/3x +5 (the answer)
Step-by-step explanation:
I hope this helps :))
Company fixed cost = $10 million = $10,000,000
Variable cost per pair = $5
Company charges each pair = $15
Hence the company makes $10 profit per pair
regardless the company fixed cost and only considering the variable cost.
Let subtract the variable cost per pair from the
company charging each pair = 15 - 5 = $10
Thus the company now makes $10 per pair, and it has
to sell 1,000,000 pairs of gloves to reach the break-even point. The break-even
point refers to the point where total cost and revenue are equal.
<span>Thus for 1,000,000 pairs, the company total earning =
10 x 1,000,000 = $10,000,000 = $10 million </span>
