Cost and Revenue Function

Algebra I Cost-Revenue Business proletariat This project is designed for you to demonstrate your understanding of systems of linear equations. Before starting, use up the entire project outline and requirements. During this project you are to do the avocation 1) Pair up with a partner and create a line of merchandise that sells one commodity of your choice ( school principals for creativity). 2) Create a grocery store look into Survey that will be used to keep abreast 50 students to function you discover what potential customers are looking for in the product your crowd will create and sell.The raft must include a minimum of three questions. 3) Conduct the survey. 4) Create a make of unflinching be items and prices. Consider items such as a store, equipment, furniture, advertisement, etc. Use the survey results to revise the fixed cost list if needed. Include the total fixed cost. 5) Create a list of changeable be. With each variable cost include the dollar figure c alculated per unit. Once again, use the survey results to revise the variable costs list if needed.Sate the total variable cost. 6) apply the survey results and the total variable cost determine the product price. 7) relieve the COST function and the REVENUE function. 8) Solve the system of equations algebraic anyy apply the substitution method AND the linear combination method in sight to find the break-even mention. 9) Create a mock up of the product. 10) Create a index finger Point Presentation that includes the following A written introduction including a description of the product. A picture of the product The completed Market question Survey A written summary 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 tallys of the break-even point An accurate graphical representation of the cost and revenue functions that shows the break-even point and the regions of lo ss and profit (label all items) A written explanation of the break-even point and the profit and loss regions of the graph. 1) go under a 5 minute presentation in which both partners consider the responsibility of discussing and demonstrating An introduction of the business and product The product or model of the product An explanation of how the Market Research Survey was used to sponsor 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 finding the break-even point using the graphing calculatorAlgebra I Cost-Revenue Project Names _________________________ _________________________ Work time and out-of-pocket dates You will be bustn time to get organized today, 10 minutes of class time on Feb. 10th and 11th. We will take in the computer lab on Feb. 12th & 16th. You will give your presentations on Tuesday February 17. cause Point presentations must be emailed to me (emailprotected k12. or. us) by 730 am on February 17th. If I dont hold back 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 summary 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