Question

DO NOT ANSWER JUST TO GET POINTS, YOU WILL GET REPORTED

Answer 1

Answer:

Part A

The costs consist of one off payment to get the cottage ready and daily utility charges:

• C = 400 + 15x

Part B

The revenue is the sum of daily rental:

• R = 115x

Part C

To solve it as a system we make C= R or:

• 400 + 15x = 115x

Solving we get:

• 400 = 115x - 15x
• 400 = 100x
• x = 400/100
• x = 4

It gives us:

• C = 400 + 15*4 = 460
• R = 115*4 = 460

The meaning of the solution is the number of nights we can pay off the costs and after 4 days we start to get profit.