Mathematics, 10.03.2021 01:30 fhishy11
Cost, Revenue, Profit
Identify the relevant information given to you in the application problem below. Use that information to answer the questions that follow on cost, revenue and profit.
Round your answers to two decimal places as needed.
You decide to begin selling bags of gold fish at the local fairground. Your cost for each bag of gold fish is $0.71 plus you have to pay a fixed weekly fee of $180 for the booth. Your plan is to sell each bag of gold fish for $2.78.
Write a function, C(n), to represent your total costs for the week if you sell
n
bags of gold fish.
C
(
n
)
=
Correct
Write a function, R(n), to represent the revenue from the sale of
n
bags of gold fish during the week.
R
(
n
)
=
Correct
Write a function, P(n), that represents the profits for selling
n
bags of gold fish in a given week.
P
(
n
)
=
Correct
What is your total cost for the week if you sell 300 items?
C
(
300
)
=
Correct
Write your answer as an ordered pair:
(300,393)
Correct
Complete the following sentence to explain the meaning of #1 and #2:
My cost for selling 300 bags of gold fish is
393
Correct dollars.
What is your total revenue for the week if you sell 300 items?
R
(
300
)
=
834
Correct
Write your answer as an ordered pair:
(300,834)
Correct
Complete the following sentence to explain the meaning of #1 and #2:
My revenue from selling 300 bags of gold fish is
834
Correct dollars.
What is your total profit for the week if you sell 300 items?
P
(
300
)
=
441
Correct
Write your answer as an ordered pair:
(300,441)
Correct
Complete the following sentence to explain the meaning of #1 and #2:
My profit for selling 300 bags of gold fish is
441
Correct dollars.
How many bags of gold fish must you sell in order to make a positive profit? Write your answer as a whole number.
Complete the following sentence to explain the meaning of #1:
In order to make a profit, I have to sell a minimum of
bags of goldfish
Answers: 3
Mathematics, 21.06.2019 18:20
What is the solution set of the quadratic inequality x2- 5< 0? o {xl-55x55{x- 155x55){xl -55x5 15){x1 - 15 sx5/5)
Answers: 2
Mathematics, 21.06.2019 18:40
Some boys and girls were asked if they had a pet. one third of the group were boys. there were 20 boys. 20% of the girls had a pet. boys with a pet : girls with a pet = 1 : 5 i need to know how many girls there are.
Answers: 3
Mathematics, 22.06.2019 00:00
Which of the following is the maximum value of the equation y=-x^2+2x+5 a. 5 b. 6 c. 2. d. 1
Answers: 1
Mathematics, 22.06.2019 01:10
Do xuan nam isgoing to invest $1000 at a simple interest rate of 4% how long will it take for the investment to be worth $1040?
Answers: 1
Cost, Revenue, Profit
Identify the relevant information given to you in the application problem bel...
Mathematics, 04.12.2020 20:30
History, 04.12.2020 20:30
History, 04.12.2020 20:30
Mathematics, 04.12.2020 20:30
Biology, 04.12.2020 20:30
Social Studies, 04.12.2020 20:30
English, 04.12.2020 20:30
Chemistry, 04.12.2020 20:30
Biology, 04.12.2020 20:30
Mathematics, 04.12.2020 20:30