Math Problem Statement
The Audubon society at Enormous State University (ESU) is planning its annual fund-raising "Eatathon." The society will charge students 56¢ per serving of pasta. The only expenses the society will incur are the cost of the pasta, estimated at 19¢ per serving, and the $370 cost of renting the facility for the evening. (a) Write down the associated cost function C(x) in dollars. C(x) =
Write down the revenue function R(x) in dollars. R(x) =
Write down the profit function P(x) in dollars. P(x) =
(b) How many servings of pasta must the Audubon society sell to break even? servings (c) What profit (or loss
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Cost and Revenue Analysis
Profit Calculation
Formulas
Cost function: C(x) = 0.19x + 370
Revenue function: R(x) = 0.56x
Profit function: P(x) = 0.37x - 370
Theorems
-
Suitable Grade Level
Grades 9-12
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