SOLUTION: each Sunday news-paper agency sells x copies of a certain newspaper for R1.00 per copy.the cost of the agency of each newspaper is 50cents.The agency pays a fixed cost for storage

Question 955013: each Sunday news-paper agency sells x copies of a certain newspaper for R1.00
per copy.the cost of the agency of each newspaper is 50cents.The agency pays a fixed cost for storage of R1.00 per Sunday.
1.Write an equation that relates the profit P,in rands,the number x of copies sold
2.Graph the equation
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
each Sunday news-paper agency sells x copies of a certain newspaper for R1.00
per copy.
the cost of the agency of each newspaper is 50cents.
The agency pays a fixed cost for storage of R1.00 per Sunday.
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1.Write an equation that relates the profit P,
in rands,the number x of copies sold
P(x) = x - 0.5x - 1 = 0.5x-1
-----------------------------
2.Graph the equation
When x = 0, y = -1
When x = 2, y = 0
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Cheers,
Stan H.
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