Question
Write a system of equations to describe the situation below, solve using substitution, and fill in the blanks.
Ella is starting a business selling handmade necklaces. She has decided to invest an initial amount of $57 for advertising, and materials cost $7 for each necklace she makes. Ella can sell her creations for $26 per necklace. Once she makes and sells a certain number of necklaces, she will break even, with identical expenses and sales. How many necklaces would that take? What would the total expenses and sales be then?
Ella is starting a business selling handmade necklaces. She has decided to invest an initial amount of $57 for advertising, and materials cost $7 for each necklace she makes. Ella can sell her creations for $26 per necklace. Once she makes and sells a certain number of necklaces, she will break even, with identical expenses and sales. How many necklaces would that take? What would the total expenses and sales be then?
Answers
initial amount of $57
expense = 57
materials cost $7 for each necklace
expense = 57 + 7x
sales = 26x
...
expense = 57
materials cost $7 for each necklace
expense = 57 + 7x
sales = 26x
...
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