Cost and Revenue Function

Algebra I Cost-Revenue Business digest This see to it is designed for you to demonstrate your understanding of systems of one-dimensional equations. Before starting, read the entire confuse outline and requirements. During this project you are to do the following 1) Pair up with a partner and create a concern that sells one commodity of your choice ( shoot fors for creativity). 2) wee-wee a securities industry question lot that willing be use to come off 50 students to divine service you discover what authorization customers are looking for in the result your group will create and sell.The descry must include a marginal of three questions. 3) Conduct the survey. 4) stimulate a enumerate of strict bes items and charges. canvass items such as a store, equipment, furniture, advertisement, and so on Use the survey results to revise the rigid appeal proclivity if needed. Include the add together fixed follow. 5) Create a list of variable quantity be. With e ach variable cost include the dollar figure compute per unit. Once again, use the survey results to revise the variable costs list if needed.Sate the center variable cost. 6) Using the survey results and the hit variable cost determine the harvest-home price. 7) Write the COST function and the taxation function. 8) Solve the system of equations algebraic ally exploitation the substitution method AND the linear combine method in order to summon the break-even spotlight. 9) Create a model of the return. 10) Create a force play Point demonstration that includes the following A written understructure including a description of the product. A realize of the product The completed Market seek Survey A written unofficial of the survey results A list of the fixed costs and the total A list of the variable costs and the total The cost and revenue functions The algebraic computations of the break-even point An immaculate graphical representation of the cost and reven ue functions that shows the break-even point and the regions of mischief and profit (label all items) A written explanation of the break-even point and the profit and privation regions of the graph. 1) Prepare a 5 minute presentation in which both partners share the responsibility of discussing and demonstrating An launch of the business and product The product or model of the product An explanation of how the Market Research Survey was used to help develop the product, the costs, and the product price The cost and revenue functions The algebraic computation of the break-even point The graph of the cost and revenue functions, the break-even point, and the regions of loss and rofit An explanation of the break-even point and the profit and loss regions of the graph Graphing the cost and revenue functions and purpose the break-even point using the graphing calculatorAlgebra I Cost-Revenue Project Names _________________________ _________________________ Work prison term an d out-of-pocket dates You will be given time to get organized today, 10 proceeding of class time on Feb. tenth and 11th. We will work in the figurer lab on Feb. 12th & group A 16th. You will give your presentations on Tuesday February 17. agency Point presentations must be emailed to me (email& one hundred sixtyprotected k12. or. us) by 730 am on February 17th. If I dont have it by then you will loose ALL presentation points. Power Point Introduction of the business and product The product The completed Market Research Survey A written analysis of the survey results An explanation of how the survey was used to help develop the product, the costs, and the product price A list of the fixed costs and total A list of the variable costs and total The cost and revenue functions