Please i don't understand set theory in mathematics
1 answer:
Set theory is the mathematical theory of well-determined collections, called sets, of objects that are called members, or elements, of the set. ... The axioms of set theory imply the existence of a set-theoretic universe so rich that all mathematical objects can be construed as sets
For example, if A = {1, 2, 3} and B = {1, 2, 3, 4, 5} then A Í B (Í means is a subset of). If A = {1, 2, 4, 8}, then n(A) = 4. This is because n(A) means the number of members in set A. The universal set is the set of all sets.
You might be interested in
We know that:
Profit = Revenue - Cost
Let us say x number of candies are made per week.
Finding Cost per week:
Cost of making 1 bar = 0.15
Cost of making x bars = 0.15x
Fixed rate of making candies per week = 600
Total cost of making x candies per week = 600 + 0.15x
Now let us find Revenue:
Selling price of each bar = 1.50
Selling price of x bars = 1.50x
Now we have to find profit,
Profit = Revenue - Cost
In order to have profit Revenue - Cost >0
So plugging values of revenue and cost to get number of candies,
x>444.44
Rounding off
x>444
Answer: The company must sell greater than 444 candies in order to make profit.