Write an inequality that represents the maximum amount you are willing to spend on your business start-up. if you invest 50$ it costs 1$ per serving and selling it for 2$

Answer 1

Let x represent the number of servings.
The total cost for investing $50 and producing x servings is 50 + (x * 1).
The total revenue from selling x servings is x * 2.
To represent the maximum amount you are willing to spend on your business start-up, you need to consider that the revenue should be greater than or equal to the cost. Thus, the inequality can be written as:

2x ≥ 50 + x

Simplifying the inequality:

2x - x ≥ 50
x ≥ 50

Therefore, the maximum number of servings you can afford to produce is 50.