Research a local business and find out what you can about their profit and costs. After doing so complete the following tasks:
Create 2 linear functions, 1 to model the cost of the business and the other to model the revenue of the business. The template for you model might look something like:revenue=(amount made off each customer)(number of customers)
cost=(cost created by each customer)(number of customers)+(some flat cost incurred )
cost=some flat cost incurred.Using your work from 1) and the relationship between revenue, cost and profit, find the linear relation that you would expect

Question

Research a local business and find out what you can about their profit and costs. After doing so complete the following tasks:
Create 2 linear functions, 1 to model the cost of the business and the other to model the revenue of the business. The template for you model might look something like:revenue=(amount made off each customer)(number of customers) 
cost=(cost created by each customer)(number of customers)+(some flat cost incurred ) 
cost=some flat cost incurred.Using your work from 1) and the relationship between revenue, cost and profit, find the linear relation that you would expect

anonymous · Answer

are you taking this class online? because I have the same exact assignment for one of my online classes

anonymous · Answer

yeah