What is a profit function?, A rule for finding total sales, A formula that shows profit based on items sold, A graph of expenses only, A list of prices, What does break-even mean?, You lose money, You make extra money, Profit equals zero, You sell nothing, In a profit function, what does the slope represent?, Starting cost, Money lost, Profit per item, Total items, What does the starting cost represent?, Money earned at the end, Money spent before selling anything, Profit per item, Total revenue, 5. Why is the graph of a profit function a straight line?, Because profit never changes, Because profit increases at a constant rate, Because starting cost is zero, Because items are free, 6. If one line is steeper than another, what does that mean?, It loses money faster, It has a higher starting cost, It earns more money per item, It breaks even later, 7. Why is break-even important?, It shows when a business starts making profit, It shows when sales stop, It shows total revenue, It shows slope.
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Math PBL
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