Direction: solve the following question and explain in detail how to get the answer. ( Use Finance Vocab. Example: Fixed and variable expense, revenue, demand, breakeven point, profit, loss)

Jaime started a fancy water bottle business. The machines cost her $5000 and the materials for each water bottle cost $6. The demand formula is y = -3p + 400 where p is the price of one water bottle.

1) Write an expense equation in terms of the quantity of fancy water bottles made.

2) Write an expense equation in terms of the price of a fancy water bottle.

3) Write a revenue equation in terms of the price of a water bottle.

4) Find the breakeven point(s) and explain what they mean in the context of the problem.

5) Write a formula for the profit and determine Jaime's maximum profit (either using desmos or by algebraic calculation of -b/2a).