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.
Joint Frequency because of the fact that it "joins" one number from the column(up and down) and one from the row(side-by-side), hence the two-way table.
If K is midpoint of JL then JK = 0.5JL
JL = 4x - 2; JK = 7
The equation:
0.5(4x - 2) = 7
2x - 1 = 7 |add 1 to both sides
2x = 8 |divide both sides by 2
<u>x = 4</u>
<u>JL</u> = 4(4) - 2 = 16 - 2 = <u>14</u>
<u>KL</u> = JK =<u> 7</u>
When it says 4x4 and 12x2 does that mean it’s squared or multiplied by those?
Answer: yes your right
Step-by-step explanation: i used it it was right
