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1. The Happy Widget Company has a fixed cost of $1,145 each day to...

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1. The Happy Widget Company has a fixed cost of $1,145 each day to...

1. The Happy Widget Company has a fixed cost of $1,145 each day to run their factory and a variable cost of $1.26 for each widget they produce.

Create a linear model for their daily cost.

How much does it cost them to produce 320 widgets?

Round your answer to the nearest cent.

2. The Happy Widget Company has a fixed cost of $1,295 each day to run their factory and a variable cost of $1.68 for each widget they produce.

Create a linear model for their daily cost. 

 How many widgets can they produce for $1,938?

Round your answer to the nearest widget. 

3. In 1980, the average cost of a pack of cigarettes was $0.55.  In 2000, the average cost was $5.2 per pack.  

What is the average rate of change of the cost of a pack of cigarettes?  What is another name for the average rate of change?

Round your answer to the nearest cent.

4. In 1980, the average cost of a pack of cigarettes was $0.99.  In 2000, the average cost was $4.58 per pack.  

Find is the average rate of change of the cost of a pack of cigarettes.

Create a linear equation using the year 1980 as your starting year.  What value did you put in for your starting point?

Round your answer to the nearest cent.

5. In 1980, the average cost of a pack of cigarettes was $0.66.  In 2000, the average cost was $5.35 per pack.  

Find the average rate of change of the cost of a pack of cigarettes.

Create a linear equation using the year 1980 as your starting year.

Use the linear model to estimate the cost of a pack of cigarettes in 2,017.

Do not round any values until the end of the problem.

Round your answer to the nearest cent.

6. The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.  PTK members are volunteering their time to man the booth, but the chapter spent $811 on supplies to make the shakeups.  They intended to charge $3.12 per shakeup.  

What is the slope?

Round your answer to the nearest cent.

7. The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.  PTK members are volunteering their time to man the booth, but the chapter spent $876 on supplies to make the shakeups.  They intended to charge $3.42 per shakeup.  

What is the starting amount, b, prior to selling the shakeups?  

Round your answer to the nearest cent.

8. The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.  PTK members are volunteering their time to man the booth, but the chapter spent $870 on supplies to make the shakeups.  They intended to charge $3.45 per shakeup.  

Construct a linear model that represents the money raised by this fundraiser.

The chapter purchased enough materials to make 239 shakeups.  How much money will they have raised (+) or lost (-) if they sell all the 239 shakeups?

Round your answer to the nearest cent.

9. The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.  PTK members are volunteering their time to man the booth, but the chapter spent $802 on supplies to make the shakeups.  They intended to charge $3.48 per shakeup.  

How many shakeups will the chapter have to sell to break even?  

Round your answer to the first shakeup that gives a profit.

10. 

Answer & Explanation

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Answered by BarristerHyena2099 on coursehero.com

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