A community for students.
Here's the question you clicked on:
 0 viewing
mmend98
 one year ago
Susie wants to start making and selling bracelets. Her costs are the large sum of money that includes her initial investment and the cost of materials for each bracelet. She has already planned how much she is going to sell her bracelets for. Explain how Susie can set up a system of equations to predict when she will start to make a profit.
mmend98
 one year ago
Susie wants to start making and selling bracelets. Her costs are the large sum of money that includes her initial investment and the cost of materials for each bracelet. She has already planned how much she is going to sell her bracelets for. Explain how Susie can set up a system of equations to predict when she will start to make a profit.

This Question is Closed

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0let initial investment =x cost of material =y number of bracelets=z then selling price of each \[>\frac{ x+y }{ z }\]

Mertsj
 one year ago
Best ResponseYou've already chosen the best response.0Her cost is the initial investment + the amount it takes for each bracelet multiplied by the number of bracelets. Write that equation Her income is the amount she sells each bracelet for multiplied by the number of bracelets. Write that equation. When Cost = Income, she is at break even. When Income exceeds Cost, she is making a profit.

mathstudent55
 one year ago
Best ResponseYou've already chosen the best response.0The initial cost is f (a fixed amount) The cost of materials per bracelet is m, so fr x bracelets, her cost is mx The total cost is \(C = mx + f\) She sells each bracelet for p, the price of a bracelet, so she receives mp in sales. Her income from sales is \(I = mp\) When I = C, she breaks even. When I > C she makes a profit.
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.