A bakery calculated the profit of producing and selling muffins. The profit equation is below. The bakery must graph the equation.The line is .
Question
A bakery calculated the profit of producing and selling muffins. The profit equation is below. The bakery must graph the equation. The line is.
Solution
Sure, let's go through the steps to graph the profit equation for the bakery.
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Identify the profit equation: The problem states that the bakery has a profit equation, but it hasn't been provided in the question. Let's assume the profit equation is given by: where is the profit, is the number of muffins produced and sold, is the profit per muffin, and is the fixed cost or initial profit.
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Determine the slope and y-intercept: The equation is in the slope-intercept form , where is the slope and is the y-intercept.
- The slope represents the change in profit for each additional muffin sold.
- The y-intercept represents the profit when no muffins are sold.
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Plot the y-intercept: Start by plotting the y-intercept on the y-axis. This is the point where the line crosses the y-axis (0, b).
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Use the slope to find another point: From the y-intercept, use the slope to determine another point on the line. The slope can be written as a fraction , which tells you how many units to move up or down (change in y) for each unit you move to the right (change in x).
- For example, if , move up 2 units for every 1 unit you move to the right.
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Draw the line: Once you have at least two points, draw a straight line through them. This line represents the profit equation.
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Label the axes: Make sure to label the x-axis as the number of muffins produced and sold, and the y-axis as the profit.
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Title the graph: Give your graph a title, such as "Profit vs. Number of Muffins Sold".
If you provide the specific profit equation, I can give you a more detailed step-by-step solution with actual numbers.
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