analytic geometry question........?

Question

Maynards footwear sells ladies shoes at 800 ba pair fixed costs are 120,000 and valuable costs amount to 50% of the totlal value
a)setup the revenue,fixed costs and total costs function

Answer 1

Okay, this problem has to do with linear models. If you remember what a linear equation looks like this: Y= -AX + B. However, this doesn't really fit your problem.

In your problem, the B equals the fixed costs (negative),
and valuable costs depend on the produced amount (x)

I can't associate "valuable costs amount to 50% of the totlal value" to our equations. We should have one equation for income: that's I=800x (since the price is 800) and costs should be: C=Ax+120,000, where we have to solve or get to "A."
The revenue would be income minus costs.

Let's assume it's 50% of the selling value:
-->that's .5*800
Which, equals 400.

Okay...

Here is what it breaks down to:
I= Interest
C=Costs
R= Revenue

I=800X

C=400X+120,000

R=I-C
R= 800x- (400x+120,000)
R=400x-120,000

This is not really geometry, as you can likely tell. It's more economics homework. You can tell your teacher I said this, and you have my e-mail address.

Answer 2

1) This is an algebra question, not a geometry question.

2) variable costs, not valuable costs


It looks like cherodman4u has the right idea for the revenue formula...

Answer 3

Revenue = 800(x) -(120,000 +1/2(800(x)))