Q:

Jessique sells handbags for $50 eachShe spends $4 per handbag for materialsand $1,000 to rent a store each month.Write an expression that shows howmuch profit Jessique will earn in onemonth if she sells x handbags.

Accepted Solution

A:
Answer:Material:4xSells handbags earn:50xRent:1000=50x-4x-1000=46x-100050x - 4x - 1000 = y46x - 1000 = yX is number of handbags sold.  Y is profit.the 4x in the first expression is known as a variable cost to the business because that cost varies depending on how much she sells.  The $1000 is a fixed cost since it has to be paid whether or not she sells any bags.  To see her break even point we use the $46x - 1000 = y equation.  Since $46 is the profit per bag, we see how many bags it takes to make $1000 in this equation.  $46x = $1000x = 21.73The answer is 22 bags because you cannot sell .73  bags.This is not factoring tax into consideration though.