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.
Answer:
white 47.7%, mulatto (mixed white and black) 43.1%, black 7.6%, Asian 1.1%,
Step-by-step explanation:
white 47.7%,
mulatto (mixed white and black)
43.1%, black 7.6%,
Asian 1.1%,
Answer:
<em><u>In analytic geometry, using the common convention that the horizontal axis represents a variable x and the vertical axis represents a variable y, a y-intercept or vertical intercept is a point where the graph of a function or relation intersects the y-axis of the coordinate system.[1] As such, these points satisfy x = 0.</u></em>
Answer: P = 0.125 = 1/8
Step-by-step explanation:
We know that he has a blue coat and a black coat.
If he dresses at random, then the probability of getting the blue coat is equal to the quotient between the number of blue coats (1) and the total number of coats (2).
Then the probability is:
p = 1/2
We also know that he has blue pants and brown pants, the probability of getting at random the blue pants is calculated in the same way than above, then:
q = 1/2
And for the shirt he has a blue shirt and a red one, the probability of randomly selecting the blue one is calculated in the same way than above, then:
k = 1/2
Now, the joint probability (he selects all blue clothes) is equal to the product of the individual probabilities:
P = p*q*k = (1/2)*(1/2)*(1/2) = 1/8 = 0.125
75/25 = 3
3x25 = 75
$25 per hour
