To determine when Quaid and Simone's profit is the same, we will graph their profit equations:
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Quaid's Profit Equation:
\( P = 2g - 8 \)
This means that when he sells \( g \) glasses of lemonade, his profit \( P \) is $2 per glass sold minus his initial setup cost of $8. -
Simone's Profit Equation:
\( P = 1g - 2 \)
This means that when she sells \( g \) glasses, her profit \( P \) is $1 per glass sold minus her initial setup cost of $2.
Step 1: Find Points for Each Graph
For Quaid's equation:
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When \( g = 0 \) (selling no glasses):
\( P = 2(0) - 8 = -8 \) → Point (0, -8) -
When \( g = 6 \):
\( P = 2(6) - 8 = 12 - 8 = 4 \) → Point (6, 4) -
When \( g = 4 \):
\( P = 2(4) - 8 = 8 - 8 = 0 \) → Point (4, 0)
For Simone's equation:
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When \( g = 0 \) (selling no glasses):
\( P = 1(0) - 2 = -2 \) → Point (0, -2) -
When \( g = 2 \):
\( P = 1(2) - 2 = 2 - 2 = 0 \) → Point (2, 0) -
When \( g = 4 \):
\( P = 1(4) - 2 = 4 - 2 = 2 \) → Point (4, 2)
Step 2: Graph the Equations
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Plot the points for Quaid and Simone on a coordinate plane where the x-axis is the number of glasses sold \( g \), and the y-axis is the profit \( P \).
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Graphing Quaid’s equation:
Connect the points (0, -8) and (6, 4). The line should slope upward because as more glasses are sold, the profit increases. -
Graphing Simone’s equation:
Connect the points (0, -2) and (4, 2). Similarly, the line should also slope upward.
Step 3: Determine the Intersection Point
To find when Quaid and Simone's profits are equal (the point where the two lines intersect), we can set their equations equal to each other:
\[ 2g - 8 = g - 2 \]
Step 4: Solve the Equation
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Move \( g \) to the left side:
\( 2g - g - 8 = -2 \)
=> \( g - 8 = -2 \) -
Add 8 to both sides:
\( g = 6 \) -
Substitute \( g = 6 \) back into either profit equation to find \( P \):
Use Quaid’s equation:
\( P = 2(6) - 8 = 12 - 8 = 4 \)
Thus, the intersection point is (6, 4).
Conclusion
The two lemonade stands will have the same profit of $4 when they both sell 6 glasses of lemonade. To visualize this, you would plot the two lines on a coordinate graph, where they intersect at the point (6, 4).