The cost to bake x loaves of French bread is C=19+1.17x. How much profit does the bakery make in a year by selling French bread? (Hint: Profit = Revenue - $91980)
Profit = revenue-$91980. do you know what 91980 is?
91980 is the revenue per year from selling the bread
if 91980 is the revenue per year from selling bread, then your profit=0. that doesn't make sense.
the bread cost $1.20 and they sell 65700 of bread per year
how did you come up with those values?
these are the other two questions and answers One of the bakery shops sells French bread, and on average they sell 180 French breads per day. a. How many loaves of French bread do they sell in a year, on average? (Ignore leap years.) 65700 b. If the price of a loaf of French bread is $1.40, what is the revenue per year, on average, from selling French bread at the bakery? 91980
c. The cost to bake x loaves of French bread is C=19+1.17x. How much profit does the bakery make in a year by selling French bread? (Hint: Profit = Revenue - Cost, use the revenue you got in part b.)
yes, you got a, b correct. but you subbed it in incorrectly right in your original problem. Hint: Profit = Revenue - $91980)
so how would i do part c?
it should be Hint: Profit = 91980- Cost. You have the cost formula.c=... and you know x where x is the number of bread made in a year. do you know how to solve for profit now?
i got 15092 for the answer
yup, That's what I got. just read the question more carefully. Terms are tricky sometimes.
Thanks!
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