QUESTION IMAGE
Question
explanation:
the band charged $2 per bracelet at the craft fair, and they spent $200 on supplies.
profit = selling price - cost price
to find the selling price, multiply the number of bracelets sold by the cost of one bracelet.
selling price = 2b
cost price = $200
profit on b bracelets: f(b) = 2b - 200
part c
suppose the group sells exactly 100 bracelets. what will be the profit from sales?
show or explain how you got your answer.
Step1: Identify the profit function
We know the profit function is \( f(b) = 2b - 200 \), where \( b \) is the number of bracelets sold.
Step2: Substitute \( b = 100 \) into the function
Substitute \( b = 100 \) into \( f(b) = 2b - 200 \). So we have \( f(100)=2\times100 - 200 \).
Step3: Calculate the value
First, calculate \( 2\times100 = 200 \), then \( 200-200 = 0 \).
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The profit from selling 100 bracelets is \(\$0\).