Answered step by step
Verified Expert Solution
Question
1 Approved Answer
plz show steps in details 1. To earn some extra money, you make and sell two types of refrigera- tor magnets, type A and type
plz show steps in details
1. To earn some extra money, you make and sell two types of refrigera- tor magnets, type A and type B. You have an initial start-up expense of $50. The production cost for type A is $0.90 per magnet, and the production cost for type B is $0.70 per magnet. The price for type A is $2.00 per magnet, and the price for type B is $1.50 per magnet. Let x be the number of type A and y be the number of type B produced and sold. Write an inequality describing revenue greater than cost. Solve the inequality and describe the region. Also, describe what this result means in terms of mag- nets. 1. To earn some extra money, you make and sell two types of refrigera- tor magnets, type A and type B. You have an initial start-up expense of $50. The production cost for type A is $0.90 per magnet, and the production cost for type B is $0.70 per magnet. The price for type A is $2.00 per magnet, and the price for type B is $1.50 per magnet. Let x be the number of type A and y be the number of type B produced and sold. Write an inequality describing revenue greater than cost. Solve the inequality and describe the region. Also, describe what this result means in terms of mag- netsStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started