SOLUTION: The break-even point is the point at which total cost and total revenue are equal, meaning there is no loss or gain for your business.
Maria is starting a small business selling f
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Question 1185275: The break-even point is the point at which total cost and total revenue are equal, meaning there is no loss or gain for your business.
Maria is starting a small business selling flowers. She has to pay $150 for a vender’s permit. Each bouquet costs her $7 and she sells them for $15. How many bouquets (x) must Maria sell to break even? The y-axis variable is for dollars.
First, we need to identify the costs:
• For the costs, y = 150 + 7*x
• For the revenue: y = 15*x
Your job: Solve this system of equations for variables A and B by (1) graphing and by (2) either the substitution or substitution.
Thank you
Answer by josgarithmetic(39623) (Show Source): You can put this solution on YOUR website!
What variables, A and B? Your equations and the description use only x and y.
Nothing is stopping you from just solving the simple system of equations. You can make a graph of the two if you need, and just simple substitution is all you need; solve for x. .
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