Answer: 48 sold-out performances must be played in order for you to break even.
Step-by-step explanation:
Let x represent the number of sold-out performances must be played in order for you to break even.
You invest in a new play. The cost includes an overhead of $30,000, plus production costs of $2500 per performance. This means that the total cost of x sold out performances would be
2500x + 30000
A sold-out performance brings you $3125. This means that he total revenue from x sold out performances would be
3125x
To break even, cost = revenue
Therefore,
2500x + 30000 = 3125x
3125x - 2500x = 30000
625x = 30000
x = 30000/625
x = 48
<u>Answer:</u>
y=-1/4x-1
<u>How to find the </u><u>slope</u>
To find the slope of the line you need to do the change in y/change in x. This is also known as the rise/run. To do this you count the spaces in between the two points.
In this graph the change in y (rise) is 2. The change in x (run) is 8. Since the line is going down they are negative. The rise/run is -2/8. This can be simplified to -1/4.
Slope: -1/4x
<u>How to find the y-intercept</u>
To find the y-intercept, you need to look at where the line crosses y.
In this graph the line crosses y at -1.
Y-intercept: -1
<u>Final</u><u> </u><u>equation</u><u>:</u><u> </u><u>-</u><u>1</u><u>/</u><u>4x-1</u>
Answer:
$9.66 isb15% of $64.40
Step-by-step explanation:
64.40×15%
Answer:
y = 15
Step-by-step explanation:
In a parallelogram, opposite lengths are equal.
So it means that the length (5y - 20) is equal to (2y + 25).
Now that there is only one variable in the equation, we can solve for the variable.
5y - 20 = 2y + 25
5y - 2y = 25 + 20
3y = 35
y = 15