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Question
darnell spends $2 to buy leather for making braided wrist bands. he sells each wrist band for $3. write a linear function in slope - intercept form that represents darnell’s profit.
y = \square x - \square
Step1: Define variables
Let $x$ = number of wrist bands sold, $y$ = total profit.
Step2: Identify slope (revenue per unit)
Slope is selling price per wrist band: $3$
Step3: Identify fixed cost (intercept)
Fixed cost is leather cost: $2$
Step4: Write profit function
Profit = Revenue - Cost, so $y = 3x - 2$
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$y = 3x - 2$