Problema Solution

It costs you $50 to rent the space where you run a bakery. Each cupcake sells foe $4, but the ingredients and energy cost you $2 per cupcake. You must show all your work.

1. Find the cost equation for x number of cupcakes you make in a month.

2. Find the revenue equation for x number of cupcakes sold in a month.

3. Find your cost if you make 200 cupcakes this month.

4. Find your revenue if you sell 200 cupcakes this month.

5. Find your profit if make and sell 200 cupcakes this month. (Hint: profit=revenue-cost)

Answer provided by our tutors

1. Find the cost equation for x number of cupcakes you make in a month.

Answer:

Cost = 50 + 2x

2. Find the revenue equation for x number of cupcakes sold in a month.

Answer:

Revenue = 4x

3. Find your cost if you make 200 cupcakes this month.

Answer:

x = 200

50 + 200*2 = $450

4. Find your revenue if you sell 200 cupcakes this month.

Answer:

x = 200

4*200 = $800

5. Find your profit if make and sell 200 cupcakes this month. (Hint: profit=revenue-cost)

Answer:

Profit = Revenue - Cost

Profit = $800 - $450

Profit = $350