Please help me Thank you 15. Mrs. Thomas is planning on buying a food truck50000to sell her soon-to-be famous beef40000brisket. She will have an initial cost to30000purchase the truck, and then will makemoney on every event she attends, Her-20000possible earnings based on the number40000of events for one year are shown on thefollowing graph.10a) What is the cost of the food truck?100002000030000b) How many events will it take to break-even? 40o50000Number of Eventsc) What is the equation of the line?d) Using your equation from part (c), predict how many events Mrs, Thomas must do in order to make $21,000.Eamings ($)

15)a) The cost of the truck would be her earnings when there are zero events. Since the earnings are…

60000 15. Mrs. Thomas is planning on buying a food truck to sell her soon-to-be famous beef -40000 brisket. She will have an initial cost to 30000 purchase the truck, and then will make 20000 money on every event she attends. Her possible earnings based on the number of events for one year are shown on the 10000 following graph. 1D -10000 a) What is the cost of the food truck? 20000 30000 b) How many events will it take to break-even? 400oo 50000 Number of Events c) What is the equation of the line? d) Using your equation from part (c), predict how many events Mrs. Thomas must do in order to make $21,000. Eamings ($)

60000 15. Mrs. Thomas is planning on buying a food truck to sell her soon-to-be famous beef -40000 brisket. She will have an initial cost to 30000 purchase the truck, and then will make 20000 money on every event she attends. Her possible earnings based on the number of events for one year are shown on the 10000 following graph. 1D -10000 a) What is the cost of the food truck? 20000 30000 b) How many events will it take to break-even? 400oo 50000 Number of Events c) What is the equation of the line? d) Using your equation from part (c), predict how many events Mrs. Thomas must do in order to make $21,000. Eamings ($)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 42P: A small company that shovels sidewalks and driveways has 100 homes signed up for its services this...

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