SOLUTION: A high school class wants to raise money by recycling newspapers. The class decided to rent a truck at a cost of $150 for the week. The market price for recycled newspapers is $15
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Question 188191: A high school class wants to raise money by recycling newspapers. The class decided to rent a truck at a cost of $150 for the week. The market price for recycled newspapers is $15 per ton. Write an equation representing the amount of money the class will make based on the number of tons of newspapers collected.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
If t represents the number of tons of newspaper that they collect, and the price per ton is $15, then the amount of Revenue (R(t)) as a function of the tons collected is 15t. So:
 = 15t)
The Cost (C) is fixed at $150. So:
Profit (P(t)) as a function of tons collected is equal to Revenue minus Cost.
 = R(t) - C = 15t - 150)
John
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