initial amount of $57
expense = 57
materials cost $7 for each necklace
expense = 57 + 7x
sales = 26x
...
Write a system of equations to describe the situation below, solve using substitution, and fill in the blanks.
Ella is starting a business selling handmade necklaces. She has decided to invest an initial amount of $57 for advertising, and materials cost $7 for each necklace she makes. Ella can sell her creations for $26 per necklace. Once she makes and sells a certain number of necklaces, she will break even, with identical expenses and sales. How many necklaces would that take? What would the total expenses and sales be then?
1 answer