Work with a partner. Use the cost and revenue equations from Exploration 1 to determine how many nights your family needs to rent the bedroom before recovering the cost of preparing the bedroom. This is the break-even point.
A. Copy and complete the table.
B. How many nights does your family need to rent the bedroom before breaking even?
C. In the same coordinate plane, graph the cost equation and the revenue equation from Exploration 1.
D. Find the point of intersection of the two graphs. What does this point represent? How does this compare to the break-even point in part (b)? Explain.
Answer:C
Work with a partner. Use the cost and revenue equations from Exploration 1 to determine how many nights your family needs to rent the bedroom before recovering the cost of preparing the bedroom. This is the break-even point.
A. Copy and complete the table. B. How many nights does your family need to rent the bedroom before breaking even? C. In the same coordinate plane, graph the cost equation and the revenue equation from Exploration 1. D. Find the point of intersection of the two graphs. What does this point represent? How does this compare to the break-even point in part (b)? Explain.