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The cost of running some types business has two components—a fixed cost and a variable cost . The fixed cost is always the same regardless of how many units are produced. This is the cost of rent, insurance, equipment, advertising, and other items that must be paid regularly. The variable cost depends on the number of units produced. It is for the material and labor needed to produce each item.
Stella has a home business selling gourmet pizzas. The equation models the relation between her weekly cost, C , in dollars and the number of pizzas, p , that she sells.
ⓐ Find Stella’s cost for a week when she sells no pizzas.
ⓑ Find the cost for a week when she sells 15 pizzas.
ⓒ Interpret the slope and
C -intercept of the equation.
ⓓ Graph the equation.
ⓐ Find Stella's cost for a week when she sells no pizzas. | |
Find C when . | |
Simplify. | |
Stella's fixed cost is $25 when she sells no pizzas. | |
ⓑ Find the cost for a week when she sells 15 pizzas. | |
Find C when . | |
Simplify. | |
Stella's costs are $85 when she sells 15 pizzas. | |
ⓒ Interpret the slope and C -intercept of the equation. | |
The slope, 4, means that the cost increases by $4 for each pizza Stella sells. The C -intercept means that even when Stella sells no pizzas, her costs for the week are $25. | |
ⓓ Graph the equation. We'll need to use a larger scale than our usual. Start at the C -intercept (0, 25) then count out the rise of 4 and the run of 1 to get a second point. |
Sam drives a delivery van. The equation models the relation between his weekly cost, C , in dollars and the number of miles, m , that he drives.
ⓐ Find Sam’s cost for a week when he drives 0 miles.
ⓑ Find the cost for a week when he drives 250 miles.
ⓒ Interpret the slope and
C -intercept of the equation.
ⓓ Graph the equation.
Loreen has a calligraphy business. The equation models the relation between her weekly cost, C , in dollars and the number of wedding invitations, n , that she writes.
ⓐ Find Loreen’s cost for a week when she writes no invitations.
ⓑ Find the cost for a week when she writes 75 invitations.
ⓒ Interpret the slope and
C -intercept of the equation.
ⓓ Graph the equation.
The slope of a line indicates how steep the line is and whether it rises or falls as we read it from left to right. Two lines that have the same slope are called parallel lines. Parallel lines never intersect.
We say this more formally in terms of the rectangular coordinate system. Two lines that have the same slope and different y -intercepts are called parallel lines . See [link] .
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