Math Problem Statement
Apply Polya's problem-solving method to these questions, employing functions for modeling and solving them.
- A bakery sells cakes for special occasions. The cost to make each cake is 200 pesos, and they are being sold for 500 pesos each. The bakery has already spent 5000 pesos on equipment. How many candles must be made and sold to break even?
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Break-even Analysis
Formulas
Total cost function: C(x) = 5000 + 200x
Revenue function: R(x) = 500x
Break-even point equation: C(x) = R(x)
Theorems
-
Suitable Grade Level
Grades 9-12
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