Section 9.1 – Systems of Equations Application Problems P. 650 #64-78 evens
Revenue meets cost when 233333 units are sold. 64. Revenue meets cost when 233333 units are sold. The revenue and cost is approximately $968333.33
Revenue meets cost when 3133 units are sold. 66. Revenue meets cost when 3133 units are sold. The revenue and cost is approximately $10307.86
68. Selling 400 units would be the break-even point.
70. b) As the amount at 6.5% increases, the amount at 8.5% decreases. The amount of interest also decreases. c) To attain $1600 per year, invest $5000 at 6.5% and invest $15000 at 8.5%.
72. Would have to sell more than 500000 books for second salary offer to be better.
74. The market equilibrium is 99.987 bushels per day.
76. y x 2x + 2y = 280 y = x – 20 80 x 60
78. y x 2x + 2y = 210 x = 1.5y 63 x 42