Question

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Using your equation from problem 4, how many CDs must you sell to earn a minimum profit of $2000?
Work:
Answer:
the equation is y= x5 + 0
the x and y variables are in png

Answer 1

400 CDs

Explanation:

The equation y=5x+0 represents that the profit increases linearly with the number of CDs sold, the slope of 5 indicates that for every 1 CD sold, the profit increases by $5.

The y-intercept of 0 indicates that there is no profit when no CDs are sold.

To earn a minimum profit of $2000, we can set up the following equation:

2000 = 5x + 0

5x = 2000

Divide both sides by 5.

`\sf (5x)/(5) =(2000)/(5)`

x = 400

Therefore, we need to sell 400 CDs to earn a minimum profit of $2000.