WELCOME
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WELCOME
1)Get out your Homework from 3.2 and a grading pen
2)Write Down your homework for tonight ACE 9-19 ALL
3)Get out a DEAR book and READ!!!
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y = 4x + 3y = 4(1) + 3 = 7y = 4(2) + 3 = 11y = 4(5) + 3 = 23y = 4(10) + 3 = 43y = 4(20) + 3 = 83
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m = 100 - km = 100 - 1 = 99m = 100 - 2 = 98m = 100 - 5 = 95m = 100 - 10 = 90m = 100 - 20 = 80
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d = 3.5td = 3.5(1) = 3.5d = 3.5(2) = 7.0d = 3.5(5) = 17.5d = 3.5(10) = 35d = 3.5(20) = 70
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a. $315 - $25 = $290
$290 - $25 = $265
$265 - $25 = $240
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Make sure your notebook cover sheet looks like this.
#. DATE Book / Brief Description1. 9-15 V&P: Problem 2.3, ACE 8, 10-122. 9-16 V&P: Unit 2 Summary, ACE 1, 2, 15, 17-21, 243. 9-20 V&P: Problem 3.1, ACE 2-44. 9-21 V&P: Problem 3.2, ACE 5-85. 9-22 V&P: Problem 3.3, ACE 9-19
You Need: Notebook Assignment Sheet
Problem 3.3 Handout Calculator
BIG IDEA: Using Tables and GraphsOpen your books to page 54
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1)What is Revenue? Revenue is the money a company takes in. For Ocean
Bike Tours, it is the money a customers pay.2) Does the revenue depend on the number of
customers? YES, the more people who go on the tour the more money
they make!3) How much revenue does the company make per
customer? $3504) Expenses are the things the company has to
spend money on. What expenses are shown in the table?
Bike rental, Food and Camp cost
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5) What is the total expenses per person? $1256) The profit is the money a company makes after all the expenses are paid. How would you calculate the profit of our tour? Revenue – Expenses = Profit 7) Based on the table will Ocean Bike Tour’s make a profit? YES 350 – 125 = 225 That is a $225 profit
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Customers Income/Revenue
Bike Rental
Food/Camp Cost
Total Expenses
Profit
1 350 30 125 155 1952 700 60 250 310 3903 1050 90 375 465 5854 1400 120 500 620 7805 1750 150 625 775 9756 2100 180 750 930 1170
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revenue/income = $350 times the number of customers
expenses = $155 times the number of customers
r = 350n
profit = $195 times the number of customersp = 195n
e = 155n
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20 Customers
revenue =
expenses =
profit =
31 Customers
revenue =
expenses =
profit =
r = 350n
e = 155np = 195n
350×31=10850
155×31=4805
195×31=6045
350 x 20 = 7000
155 x 20 = 3100
195 x 20 = 3900
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e = 155np = 195ne = 155n + 700
It is an added expense.
p=195n-700
It reduces your profit.
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Make sure your notebook cover sheet looks like this.
#. DATE Book / Brief Description1. 9-15 V&P: Problem 2.3, ACE 8, 10-122. 9-16 V&P: Unit 2 Summary, ACE 1, 2, 15, 17-21, 243. 9-20 V&P: Problem 3.1, ACE 2-44. 9-21 V&P: Problem 3.2, ACE 5-85. 9-22 V&P: Problem 3.3, ACE 9-19