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Solve and plot a graph

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Step-by-step solution

4 steps

Here's how to solve the problem and plot the graph:

  1. Determine the formulas for Total Income and Total Cost.

    From the problem description:

    • Selling price per tortilla = R15
    • Cost to make one tortilla = R5
    • Fixed cost (stall rent) = R500

    The formula for Total Income (I) for nn tortillas is:

    I=15nI = 15n

    The formula for Total Cost (C) for nn tortillas is:

    C=5n+500C = 5n + 500
  2. Complete the Total Cost table.

    Using the formula C=5n+500C = 5n + 500:

    • For n=0n = 0: C=5(0)+500=500C = 5(0) + 500 = 500
    • For n=50n = 50: C=5(50)+500=250+500=750C = 5(50) + 500 = 250 + 500 = 750
    • For n=100n = 100: C=5(100)+500=500+500=1000C = 5(100) + 500 = 500 + 500 = 1000
    • For n=150n = 150: C=5(150)+500=750+500=1250C = 5(150) + 500 = 750 + 500 = 1250
    • For n=200n = 200: C=5(200)+500=1000+500=1500C = 5(200) + 500 = 1000 + 500 = 1500
    • For n=250n = 250: C=5(250)+500=1250+500=1750C = 5(250) + 500 = 1250 + 500 = 1750

    The completed tables are:

    Total Income

    Number of tortillas (n)050100150200250
    Total Income (R)07501500225030003750

    Total Cost

    Number of tortillas (n)050100150200250
    Total Cost (R)5007501000125015001750
  3. Prepare data points for plotting.

    To plot the graph, you will use the number of tortillas (nn) on the x-axis and the amount in Rands (R) on the y-axis.

    Points for Total Income (I=15nI = 15n):

    (0,0),(50,750),(100,1500),(150,2250),(200,3000),(250,3750)(0, 0), (50, 750), (100, 1500), (150, 2250), (200, 3000), (250, 3750)

    Points for Total Cost (C=5n+500C = 5n + 500):

    (0,500),(50,750),(100,1000),(150,1250),(200,1500),(250,1750)(0, 500), (50, 750), (100, 1000), (150, 1250), (200, 1500), (250, 1750)
  4. Plot the graph.

    1. Draw a coordinate plane.
    2. Label the horizontal axis (x-axis) as "Number of Tortillas (n)" and the vertical axis (y-axis) as "Amount (R)".
    3. Choose an appropriate scale for both axes. For the x-axis, you can use increments of 50. For the y-axis, you can use increments of 500 or 750.
    4. Plot the points for Total Income and draw a straight line connecting them. This line represents the revenue.
    5. Plot the points for Total Cost and draw a straight line connecting them. This line represents the total expenses.
    6. Identify the break-even point, which is where the Total Income line intersects the Total Cost line. At this point, income equals cost, and there is no profit or loss. To find the break-even point: 15n=5n+50015n = 5n + 500 10n=50010n = 500 n=50n = 50 At n=50n=50, I=15(50)=750I = 15(50) = 750 and C=5(50)+500=750C = 5(50) + 500 = 750. The break-even point is at (50 tortillas, R750).

    The graph will show that for fewer than 50 tortillas, the cost is higher than the income (loss), and for more than 50 tortillas, the income is higher than the cost (profit).

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