Math Problem Statement
The Audubon society at Enormous State University (ESU) is planning its annual fund-raising "Eatathon." The society will charge students 90¢ per serving of pasta. The only expenses the society will incur are the cost of the pasta, estimated at 18¢ per serving, and the $360 cost of renting the facility for the evening.
(a)
Write down the associated cost function C(x) in dollars.
C(x) =
Correct: Your answer is correct.
Amazing work.
Write down the profit function P(x) in dollars.
P(x) = $$
Correct: Your answer is correct.
Perfect!
(b)
How many servings of pasta must the Audubon society sell to break even?
servings (c) What profit (or loss) results from the sale of 1,500 servings of pasta?
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Functions
Cost Function
Revenue Function
Profit Function
Formulas
Cost function: C(x) = 360 + 0.18x
Revenue function: R(x) = 0.90x
Profit function: P(x) = 0.72x - 360
Theorems
Break-Even Analysis
Suitable Grade Level
Grades 9-12
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