Yes, per week.
profit=revenue-costs
= 15/ton * xtons -150
so that is the profit for x tons.
Are they looking for an answer or an equation that will give you an answer regardless of how many weeks they have the truck and how many tons they collect? If it's an equation what would it look like?
profit=revenue-costs
= 15/ton * xtons -150
so that is the profit for x tons.
Let's break down the components:
1. The number of tons of newspaper collected: We can represent this as 'x' (where x is a variable representing the number of tons of newspaper collected).
2. The market price for recycled newspaper per ton: Given as $15 per ton.
3. The rental cost of the truck for a week: Given as $150.
To calculate the amount of money the class will make, we need to subtract the rental cost from the total revenue generated by recycling the newspaper. The revenue can be calculated by multiplying the number of tons collected with the market price per ton.
So, the equation representing the amount of money the class will make based on the number of tons collected is:
Amount of money = (Market price per ton * Number of tons collected) - Rental cost
In algebraic notation, the equation can be written as:
Amount of money = (15x) - 150
where 'x' represents the number of tons of newspaper collected.
This equation can be used to determine the amount of money the class will make for any number of tons of newspaper collected.