Answer:
(a) 30,000 + 14,000x (b) 350y (c) 350y - (30,000 + 14,000x) (d) Yes
Step-by-step explanation:
(a) Total cost = 30,000 + 3,000x + 11,000x = 30,000 + 14,000x
(b) Total revenue = 350y
(c) Total profit = Total revenue - total cost = 350y - (30,000 + 14,000x)
(d) To break even, the total profit of the school should be $0 or more. If they decide to use 5 cars with 4 students assigned to each car, 16 times a year (eight times with two sessions each) then we have a total of 20 students. Using our formula total profit is equal to 350(320) - (30,000 + 14000(5)) = $112,000 - $100,000 = $12,000 profit