Answer:
a)C(x)=1500+35x
b)R(x)=60 x
c)P(x)=25x-1500
d)The number of lessons that must be held for the studio to break even ia 60
e)The studio will make 550 if 82 lessons are held
Step-by-step explanation:
Monthly cost that include rent, utilities, insurance, and advertising = $1500
The studio charges $60 for each private lesson but has a variable cost for each lesson of $35 to pay the instructor.
a)Write a linear cost function representing the cost to the studio C(x) to hold x private lessons for a given month
Fixed monthly cost = $1500
Variable cost of trainer for each lesson = $35
Variable cost of trainer for x lessons = 35x
So, C(x)=1500+35x
b)Write a linear revenue function representing the cost to the revenue R(x) to hold x private lessons for a given month
Charge for 1 lesson = 60
Charge for x lessons = 60 x
So, R(x)=60 x
c)Write a linear profit function representing the cost to the profit P(x) to hold x private lessons for a given month
Profit = Revenue - Cost
P(x)=R(x)-C(x)
P(x)=60x-1500-35x
P(x)=25x-1500
d)Determine the number of lessons that must be held for the studio to break even
R(x)=C(x)
60x=1500+35x
25x=1500
x=60
So, the number of lessons that must be held for the studio to break even ia 60
e) If 82 lessons are held during a month how much money will the studio make or lose
P(x)=25x-1500
P(82)=25(82)-1500
P(82)=550
So, The studio will make 550 if 82 lessons are held
