Task 2
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. Vit can excelt is speeping lins the fact that while making your product
b. Solve this inequality and graph the solution on a number line. Explain what your solution means in terms of the situation.
c. In Task 1 you determined how much you will charge for each item. Write an equation that represents your total earnings based on the price of your item and how many you sell.
d. Using your answer from part B and your equation from part C, what is the most money you can hope to earn from your business?
e. Don't forget that at the beginning of the process you had to spend some of your own money to get started. With the costs taken into account, what was your total profit? Did you make money or lose money? Now that you have these values, would you adjust your business plan from Task 1? If so, how?
a. It appears that there may be a typographical error in the sentence provided, as "Vit can excelt is speeping lins the fact that while making your product" does not make logical sense. Can you please provide the correct sentence or rephrase the question?
b. Without the correct sentence or information, I cannot provide the inequality or graph the solution.
c. To write an equation representing total earnings based on the price of the item and the quantity sold, we can use the formula: total earnings = price per item x quantity sold. Let's denote the price per item as "P" and the quantity sold as "Q." The equation will be: total earnings = P x Q.
d. To determine the most money one can hope to earn from the business, we need the price per item (P) and the maximum quantity sold (Q) that satisfies the inequality mentioned in part b. Without the inequality, we cannot calculate the most money earned.
e. Similarly, without the necessary values, including the initial costs and the total profit, I cannot provide an accurate answer. Please provide the specific values or equations, and I can assist you further in determining whether you made money or lost money and suggest any potential adjustments to your business plan.