Who knows the answer to this math problem? The Flip-Flop-Alot Company makes and sells flip-flops. They have one linear function that represents the cost of producing flip-flops and another linear function that models how much income they get from those flip-flops. Describe the key features that would determine if these linear functions ever intersected.
can you describe the key features that would determine if these linear functions ever intersected?
hmm so.. what are the given equations then?
but in short, without looking at them this is sorta a simple case of supply and demand type of curves where Cost meets Profit, is I think the point where maximum profit is achieved, at lowest cost possible or at that cost amount, the profit is the highest keep increasing the cost amount, and the profit decreases proportionally
Join our real-time social learning platform and learn together with your friends!