Entry Exam Category: High School Equivalency Exams
Course: General Education Development (GED)
Exam: GED Math practice test
Practice Question
The owner of a small cookie shop is examining the shop's revenue and costs to see how she can increase profits. Currently, the shop has expenses of $41.26 and $0.19 per cookie.
The shop's revenue and profit depend on the sales price of the cookies. The daily revenue is given in the graph below, where x is the sales price of the cookies and y is the expected revenue at that price.
The shop owner needs to determine the total daily cost of making x cookies. Which of the following linear equations represents the cost, C, in dollars?
The shop's revenue and profit depend on the sales price of the cookies. The daily revenue is given in the graph below, where x is the sales price of the cookies and y is the expected revenue at that price.
The shop owner needs to determine the total daily cost of making x cookies. Which of the following linear equations represents the cost, C, in dollars?
Answer Choices
- A: C=4.6x+995
- B: C=0.046x+2
- C: C=0.19x+41.26
- D: C=1.2x+212.26
Correct Answer: C
Rationale: Cost = fixed expenses + variable cost per cookie. Given $41.26 fixed and $0.19 per cookie, C = 0.19x + 41.26. Thus, the correct answer is C=0.19x+41.26.