Okay, I'm trying to solve this:
I have a business where I sell school supplies, I'll spend at least 700$ dollars on it, and here is the cost and price of each item (Also, I don't have the foggiest clue why it is item 1#, item 2#).
Item 1# cost to make: 3$ Price: 5$
Item 2# Cost to make: 3$ Price: 5$
Item 3# cost to make: 5$ price 10$
I just need to know what would the y and x axis be. Then I can do everything else.
To determine the y and x axes for your business problem, you have to understand what they represent in the context of your scenario. The y-axis typically represents the dependent variable or the outcome you want to analyze or predict, while the x-axis represents the independent variable or the factor that influences the outcome.
In your case, since you are selling school supplies, the dependent variable or outcome you may be interested in analyzing could be the profit you make from selling these items. Therefore, the y-axis would represent the profit.
On the other hand, the independent variable that influences the profit could be the number of items sold. The more items you sell, the higher your profit would generally be. Therefore, the x-axis could represent the number of items sold.
With this understanding, you would graphically represent your business scenario on a coordinate plane, with the number of items sold on the x-axis and the corresponding profit on the y-axis. Each point on the graph would represent a different combination of the number of items sold and the profit obtained.
By plotting your data points and analyzing the resulting graph, you can gain insight into the relationship between the number of items sold and the profit, helping you make informed decisions regarding your business strategy.