Problema Solution
Heidi and Cassandra are selling sweaters online. It will cost them 2,000 in start up costs plus approximately $4.50 per sweater to open their business.
A) find the formula for their cost, c(x) for x number of sweaters.
B) how much will it cost for them to get 1500 sweaters?
C) if they sell each sweater for $15.95, how much profit will they make if they sell the 1500 sweaters?
Answer provided by our tutors
A) c(x) = 2000 + 4.5x
B) c(1500) = 2000 + 4.5*1500
c(1500) = $8,750
C) 15.95*1500 - c(1500) = 15.95*1500 - 8750 = $15,175