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Cost, Revenue, Profit

You decide to begin selling glow sticks at the local fairground. Your cost for each glow stick is $1.17 plus you have to pay a fixed weekly fee of $240 for the booth. Your plan is to sell each glow stick for $2.55.

Write an expression to represent your total costs for the week if you sell  glow sticks.
Total Costs:     
 

Write an expression to represent the revenue from the sale of  glow sticks during the week.
Revenue:     
 

Write an expression that represents the profit for selling  glow sticks in a given week.
Profit:    

How many glow sticks must you sell in order to make a positive profit? 

In order to make a positive profit, you would have to sell Select an answer at least exactly at most  glow sticks .

 Feb 10, 2017

Best Answer 

 #1
avatar+181 
+5

x = # of glow sticks

 

c = 240 + 1.17x

 

r = 2.55x

 

p = 2.55x - 240 - 1.17x

   = 1.38x - 240

 

1.38x - 240 > 0

1.38x > 240

x > 173.91

174 glow sticks

 Feb 10, 2017
 #1
avatar+181 
+5
Best Answer

x = # of glow sticks

 

c = 240 + 1.17x

 

r = 2.55x

 

p = 2.55x - 240 - 1.17x

   = 1.38x - 240

 

1.38x - 240 > 0

1.38x > 240

x > 173.91

174 glow sticks

MathNerd(version2.0) Feb 10, 2017
 #2
avatar+129852 
0

Excellent, MathNerd(version2.0)......!!!!!

 

 

cool cool cool

 Feb 10, 2017
 #3
avatar+181 
+4

Why thank you ;3

MathNerd(version2.0)  Feb 10, 2017

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