Ally loves the beach and decides to spend the summer selling various ice cream products on the beach. From her account course, she knows that her total cost is calculated as
Total Cost= Fixed Cost + Various Cost
She estimates that her fixed cost for the summer season is $50 per day. She also knows that each ice cream product costs her $0.75 from her distributor.
a. Write the relationship for the daily cost y in terms of the number of ice cream products sold per day x.
b. What does the y-intercept represent in the context of this problem?
c. What is her cost if she sells 450 ice cream products?
d.What is the slope of the line?
e. What does the slope of the line represent in the context of this problem?
2 answers
accounting course*
y=50+0.75x