Hello,I am working on an algebra assignment and need some help on it. I’m attaching the instructions. Thank you in advance! 🙂
5:42
Module 03 Content
Scenario
A tech company has developed a new compact, high
efficiency battery for hand-held devices. Market
projections have estimated the cost and revenue of
manufacturing these batteries by the equations graphed
below.
y
<
80
72
64
99
Dollar Value by
the Thousand
48
40
32
24
16
8
Cost
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Module 03
Revenue
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Cost and Revenue
y = 1.2x
y = 0.4x +32
8 16 24 32 40 48 56
Batteries by
the Thousand
64
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X5:43
Module 03
Assessment
Instructions
Show and explain all steps in your responses to the
following parts of the assignment. All mathematical steps
must be formatted using the equation editor.
Part 1: Use the substitution method to determine the
<
the Thousand
point where the cost equals the revenue.
Part 2: Interpret your results from Part 1 in the context of
the problem.
Part 3: Do your results from Part 1 correspond with the
graph? Explain.
Part 4: Profit is found by subtracting cost from revenue.
Write an equation in the same variables to represent the
profit.
Part 5: Find the profit from producing 100 thousand
batteries.
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Please check the Course Calendar for specific due dates.
The name of the file should be your first initial and last
name, followed by an underscore and the name of the
assignment, and an underscore and the date. An example
is shown below:
Jstudent_exampleproblem_101504
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