the profit earned by a hot dog stand is a linear function of the number of hot dogs sold. it costs the owner…

the profit earned by a hot dog stand is a linear function of the number of hot dogs sold. it costs the owner $48 dollars each morning for the days supply of hot dogs, buns and mustard, but he earns $2 profit for each hot dog sold. which equation represents y, the profit earned by the hot dog stand for x hot dogs sold?\ny = 2x - 48\ny = 2x + 48\ny = 48x - 2\ny = 48x + 2
Answer
Explanation:
Step1: Identify profit - per - unit and fixed cost
Profit per hot dog is $2, fixed cost is $48.
Step2: Use profit formula
Profit $y$ = (Profit per unit $\times$ Number of units) - Fixed cost. So $y = 2x-48$.
Answer:
$y = 2x - 48$