I want to start a lemonade stand and determine how much lemonade i need to sell to break even each day. If i know i spend $5 on supplies and sell the lemonade at $0.50 per glass determine the number of glasses i must sell to break even. After you find the number of glasses tell me what the x-intercept, y-intercept, and slope represent in the function you determined.
Answers
Answer:
you need to sell 10 glass. X intercept is (10,0) and Y intercept is (0,-5) the slope of the equation is 0.5
Step-by-step explanation:
Consider the provided information.
Let x is the number of glass and y is the money earn.
It is given that you spend $5 on supplies and sell the lemonade at $0.50 per glass.
This can be written as:
We need to determine the number of glasses you must sell to break even. So put y=0 and solve for x.
Thus, you need to sell 10 glass.
Now we need to find the x-intercept, y-intercept, and slope
First find x intercept: To find x intercept substitute y=0 and solve for x.
X intercept is (10,0)
Find y intercept: To find y intercept substitute x=0 and solve for x.
Y intercept is (0,-5)
The slope intercept form is: y=mx+c
where m is slope.
Now compare y=0.5x-5 with y=mx+c we can concluded that the slope of the equation is 0.5