You are hoping to start a business and plan to invent a product to sell. If
your presentation is successful, "the Dragons" will invest in your product and
you will be able to start your business. Your first step is to come up with a
product to sell. Consider the following:
The amount it will cost to start-up your business
-The amount it will cost to make each product
-The amount you are going to sell your product for
Using this data, you will create two equations.
Equation 1: Cost: y = mx + b
Where: y = total amount of money it will cost you
m = cost for producing 'x' amount of products
b= fixed start-up cost
Equation 2: revenue: y = (price) x
Where: y = total amount of money you will make
Aa
(price) = the amount you are charging for each product
x = number of products you will sell
Write down your system of linear equations.
Solve your system of equations using the three methods that we have
discussed in class: the Graphing method, the Substitution method, and the
Elimination method.
Worth 150 points in my class, pls help ??
