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hoa [83]
3 years ago
9

Please see attached below. Please explain.

Mathematics
2 answers:
vivado [14]3 years ago
5 0

Answer:

15 rentals

Step-by-step explanation:

You can (and may be expected to) set up an equation that equates the total cost at one store to the total cost at the other store. When you work through the solution of this equation, you find that the "break even" number of rentals is the ratio of the difference in fixed cost (setup fee) to the difference in per-use cost (rental charge).

Here, that ratio is ...

(15.00 -7.50)/(2.25 -1.75) = 7.50/0.50 = 15

15 rentals will make the total costs the same.

Artist 52 [7]3 years ago
5 0

so after 15 movie sales they will be equal

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If the graphs of the equations do not intersect (for example, if they are parallel), then there are no solutions that are true for both equations. If the graphs of the equations are the same, then there are an infinite number of solutions that are true for both equations.

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Cost, Revenue, Profit
Anika [276]

Answer:

1. C(n) = 2.25n + 120

2. R(n) = 3.51n

3. P(n) = 1.26n - 120

1. 96 frozen bananas must be sold in order to make a positive profit.

2. In order to make a profit, I have to sell a minimum of <u>96 frozen bananas</u>.

Step-by-step explanation:

1. Write a function, C(n), to represent your total costs for the week if you sell n frozen bananas.

Total cost is the addition of total variable cost and total fixed cost. Therefore, the function is as follows:

C(n) = 2.25n + 120

Where 2.25n is the total variable cost while 120 is the total fixed cost.

2. Write a function, R(n), to represent the revenue from the sale of n frozen bananas during the week.

Revenue is equal to selling price per unit multiplied by the number of units sold. Therefore, the function is as follows:

R(n) = 3.51 * n

R(n) = 3.51n

Where 3.51 is the selling price per unit while n the number of units sold.

3. Write a function, P(n), that represents the profits for selling n frozen bananas in a given week.

Profit is equal to total revenue minus total cost. Therefore, the function can be derived as follows:

P(n) = R(n) - C(n)

P(n) = 3.51n - 2.25n + 120

P(n) = 1.26n - 120

1. How many frozen bananas must you sell in order to make a positive profit? Write your answer as a whole number.

This can be obtained by equating the profit function to zero and solve for n as follows:

P(n) = 0 => 1.26n - 120 = 0

Therefore, we have:

1.26n = 120

n = 120 / 1.26

n = 95.2380952380952 frozen bananas

Writing it as a whole number, we have:

n = 95 frozen bananas

However, using this whole number will result in a negative profit by substituting it into the profit function as follows:

P(n) = (1.26 * 95) - 120 = -$0.30

Therefore, n has to be increased by one to 96 which is also a whole number to have a positive profit as follows:

P(n) = (1.26 * 96) - 120 = $0.96

Therefore, 96 frozen bananas must be sold in order to make a positive profit.

2. Complete the following sentence to explain the meaning of #1:

In order to make a profit, I have to sell a minimum of <u>96 frozen bananas</u>.

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3 years ago
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