SOLUTION: A hotdog stand can purchase hotdogs for $.35 each and buns for $.20 each. It has fixed costs of $50. Each hotdog is sold for $1. write a linear equation for both cost and revenu

Question 162443: A hotdog stand can purchase hotdogs for $.35 each and buns for $.20 each. It has fixed costs of $50. Each hotdog is sold for $1.
write a linear equation for both cost and revenue.
Graph both cost and revenue.
Estimate the break-even point.

Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
A hot-dog stand can purchase hot-dogs for $.35 each and buns for $.20 each.
It has fixed costs of $50. Each hot-dog is sold for $1.
:
write a linear equation for both cost and revenue.
Let x = no. sold; each cost .35+ .20 = .55
Cost = .55x + 50
Rev = 1x
:
Graph both cost and revenue.

Cost: green
Rev: purple
:
Estimate the break-even point. How about 110 hot dogs sold at $110
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