You decide to begin selling bags of peanuts at the local star wars convention. Your cost for each bag of peanuts is $0.65 plus you have to pay a fee of $220 each week for the booth. Your plan is to sell each bag of peanuts for $2.56. Note that in business, costs are any money you pay out. Revenue is any money you receive through sales. Profit is total revenues minus total costs. 1. Write a function, C(n), to represent your total costs for the week if you sell n bags of peanuts. С(п) — Preview 2. Revenue is the amount of money you earn from selling bags of peanuts. Write a function, R(n), to represent the revenue from the sale of n bags of peanuts during the week. R(n) = Preview 3. Write a function, P(n), that represents the profits for selling n bags of peanuts in a given week. P(п) %3D Preview 1. What is the minimum number of bags of peanuts you must sell in order to not lose money? This number is called the break even point. Write your answer as a whole number. 2. Complete the following sentence to explain the meaning of #1: In order to not lost money, I need to sell at least bags of peanuts
You decide to begin selling bags of peanuts at the local star wars convention. Your cost for each bag of peanuts is $0.65 plus you have to pay a fee of $220 each week for the booth. Your plan is to sell each bag of peanuts for $2.56. Note that in business, costs are any money you pay out. Revenue is any money you receive through sales. Profit is total revenues minus total costs. 1. Write a function, C(n), to represent your total costs for the week if you sell n bags of peanuts. С(п) — Preview 2. Revenue is the amount of money you earn from selling bags of peanuts. Write a function, R(n), to represent the revenue from the sale of n bags of peanuts during the week. R(n) = Preview 3. Write a function, P(n), that represents the profits for selling n bags of peanuts in a given week. P(п) %3D Preview 1. What is the minimum number of bags of peanuts you must sell in order to not lose money? This number is called the break even point. Write your answer as a whole number. 2. Complete the following sentence to explain the meaning of #1: In order to not lost money, I need to sell at least bags of peanuts
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 11CYU
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