# Benjamins Backpacks can sell backpacks for $25 per backpack. The costs for making the backpacks are a fixed cost of

## Question:

(a) Write the cost and revenue equations.

(b) Graph both equations, for up to and including 50 back-packs, on the same axes.

(c) Use the graph to estimate the number of backpacks Benjamin€™s Backpacks must sell to break even.

(d) Write the profit formula.

(e) Use the profit formula to determine whether Benjamin€™s Backpacks makes a profit or loss if it sells 30 back-packs. What is the profit or loss?

(f) How many backpacks must Benjamin€™s Backpacks sell to make a profit of $1000?

Part of the question involves determining a system of equations that models the situation.

## This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

## Step by Step Answer:

**Related Book For**

## A Survey of Mathematics with Applications

**ISBN:** 978-0134112107

10th edition

**Authors:** Allen R. Angel, Christine D. Abbott, Dennis Runde

**Question Details**

Chapter #

**6**- Algebra, Graphs, and FunctionsSection: Section 6.7

Problem: 51

**View Solution**

Create a free account to access the answer

**Cannot find your solution?**

Post a FREE question now and get an answer within minutes.
* Average response time.