The following exercise demonstrates an application of linear functions. Analyze the information given to determine the equation of the relevant line or lines. Use the linear equation to determine the requested information. Tony plans to open a bagel shop. He estimates the weekly costs are: rent, $200; utilities, $140; salaries, $1600; insurance, $50; and bagel ingredients, 33 cents per bagel. At the price of $0.97 per bagel, how many must be sold to make a profit? (Round your answer up to the nearest whole number.) bagels per week
The following exercise demonstrates an application of linear functions. Analyze the information given to determine the equation of the relevant line or lines. Use the linear equation to determine the requested information. Tony plans to open a bagel shop. He estimates the weekly costs are: rent, $200; utilities, $140; salaries, $1600; insurance, $50; and bagel ingredients, 33 cents per bagel. At the price of $0.97 per bagel, how many must be sold to make a profit? (Round your answer up to the nearest whole number.) bagels per week
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
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