To determine the correct inequality for how much the class needs to sell the cookies for to reach their financial goal, let's break it down:
- The total income from selling the cookies can be represented as \( 120p \), where \( p \) is the price per cookie.
- The class incurs a cost of $22 for supplies.
- They want to ensure that their profit (total income minus costs) is at least $50.
So we set up the inequality to reflect that:
\[ \text{Total Income} - \text{Costs} \geq \text{Desired Profit} \]
Substituting the values:
\[ 120p - 22 \geq 50 \]
Thus, the correct inequality to use is:
120p − 22 ≥ 50
For question 2 regarding how much the class should sell each cookie for:
To make sure their profit is at least $50, they need to sell each cookie for:
at least a certain price, which we will find by solving the inequality \( 120p - 22 \geq 50 \).
Solving the inequality:
- Add 22 to both sides:
\[ 120p \geq 50 + 22 \] \[ 120p \geq 72 \]
- Divide by 120:
\[ p \geq \frac{72}{120} \] \[ p \geq 0.6 \]
So, the class should sell each cookie for at least $0.60 in order to reach their financial goal.