Jennny decided to open up her new coffee shop. Jenny needs to know how much he will need to bring in with the coffee shop to keep up with costs and revenue. With this problem, we have to make the problem into this: profit=the revenue- the cost of the buildings coffee they purchase.
With this said, suppose the coffee shop had actually franchised 3 dollars per coffee with a fixed cost of $300. With this, we can make our equation.
Cost(x) = 3x+$200
How much does Jenny need to make in revenue per month if Jenny Charged 5 dollars per coffee??
Revenue (x) = 8x
The Profit: Profit (x) = 5x โ (3x+300)
If your Revenue equation is corrected to read
Revenue(x) = 5x
then your Profit equation is correct.
Not sure about the "need to make" clause. It's just what she makes.
35
30
25-
20
15
10
5
Item 3
rom
Item!
page 14 ะพั 14
A
- Number of Items
1
2
3
4
5
6
7
Talia noticed a sale at her favorite store. The points on the graph show how many items she bought of each. T-shirts were selling for $5 each, long sleeve shirts were $10 each, jeans were discounted to $15 each, and sweaters were on sale for $25 each. Name the point corresponding to the number of pairs of jeans Talia purchased.
0
(1 point)
B
A
C
D
To find out how much Jenny needs to make in revenue per month, we can use the equation for profit.
The equation for profit is:
Profit (x) = Revenue (x) - Cost (x)
We are given that the cost of coffee is $3 per coffee purchased and there is a fixed cost of $300. Hence, the equation for cost is:
Cost (x) = 3x + $300
Now, we need to determine the equation for revenue. We are told that Jenny charges $5 per coffee, so for each coffee sold, the revenue will be $5. Hence, the equation for revenue is:
Revenue (x) = $5x
To find out how much Jenny needs to make in revenue per month, we need to find the value of x that makes the profit equal to zero (which means her revenue covers all costs). So, we set the profit equation equal to zero and solve for x:
Profit (x) = 5x - (3x + $300) = 0
Simplifying the equation, we have:
5x - 3x - $300 = 0
2x - $300 = 0
2x = $300
x = $300 / 2
x = $150
Therefore, Jenny needs to make $150 in revenue per month if she charges $5 per coffee.