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:
The slope of the line in the graph is 1.
Step-by-step explanation:
Slope is determined by rise over run. Meaning that the number of units the slope goes up/down divided by the number of units the slope goes to the left/right is the slope. The rise is one, and the run is one. 1 over 1 equals 1.
Answer:
The concluding part
Step-by-step explanation:
9514 1404 393
Answer:
a) w(4w-15)
b) w²
c) w(4w -15) = w²
d) w = 5
e) 5 by 5
Step-by-step explanation:
a) If w is the width, and the length is 15 less than 4 times the width, then the length is 4w-15. The area is the product of length and width.
A = w(4w -15)
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b) If w is the side length, the area of the square is (also) the product of length and width:
A = w²
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c) Equating the expressions for area, we have ...
w(4w -15) = w²
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d) we can subtract the right side to get ...
4w² -15w -w² = 0
3w(w -5) = 0
This has solutions w=0 and w=5. Only the positive solution is sensible in this problem.
The side length of the square is 5 units.
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e) The rectangle is 5 units wide, and 4(5)-15 = 5 units long.
The rectangle and square have the same width and the same area, so the rectangle must be a square.
