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A company is selling books. It has to pay $500 to start printing the books, and once they have done that, the books sell at $14.99 each. How many books must they sell to make a profit?
First we would model an equation. X will be the amount of books sold, and Y will be profits (in dollars obv). They had to pay $500 before they could start selling, so we must account for that too.
This equation would be
because for every book sold, X increases by 1, increasing Y by 14.99
The answer would be 34 books sold in order to turn a profit. (500/14.99=
First we would model an equation. X will be the amount of books sold, and Y will be profits (in dollars obv). They had to pay $500 before they could start selling, so we must account for that too.
This equation would be
The answer would be 34 books sold in order to turn a profit. (500/14.99=
Answer:
Step-by-step explanation:
Hi there!
Slope-intercept form: where <em>m</em> is the slope and <em>b</em> is the y-intercept (the value of y when x=0)
<u>1) Determine the slope (</u><u><em>m</em></u><u>)</u>
where two points that fall on the line are
and
On the graph, two points are highlighted for us: (0,-4) and (2,2). Plug these into the formula:
Therefore, the slope of the line is 3. Plug this into :
<u>2) Determine the y-intercept (</u><u><em>b</em></u><u>)</u>
Recall that the y-intercept occurs when x=0. Given the point (0,-4), the y-intercept is therefore -4. Plug this into :
I hope this helps!