In Task 1 you determined how much of your own money you’re willing to spend to get your business started. This is your limit—when making your product you can’t exceed this amount.
a.Write an inequality that represents the fact that while making your productyou can’t exceed this spending limit
I chose to invest $150, since my needed materials are cheap. The product I am making is bead jewelry.
Materials + labor < $150
can u post an example? I have no clue whatg the question is asking
What is the labor supposed to be?
To write an inequality representing the fact that you can't exceed your spending limit, you first need to assign a variable to your spending limit. Let's say your spending limit is represented by the variable "L". Since you mentioned that you invested $150, we can set L = 150.
Now, let's define the cost of making your bead jewelry as "C". The inequality representing the fact that you can't exceed your spending limit (L) while making your product is:
C ≤ L
Substituting the values we have, the inequality becomes:
C ≤ 150
This inequality states that the cost (C) of making your bead jewelry must be less than or equal to $150, which is your spending limit.