A dance studio has fixed monthly costs of $1500 that include rent, utilities, insurance, and advertising. The studio charges $60 for each private lesson, but has a variable cost for each lesson of $35 to pay the instructor. a. Write a linear cost function representing the cost to the studio C(x) to hold x private lessons for a given month. lop rk. b. Write a linear revenue function representing the revenue R(x) for holding x private lessons for the month. c. Write a linear profit function representing the profit P(x) for holding x private lessons for the month. Show work. d. Determine the number of private lessons that must be held for the studio to break-even. Show work.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
icon
Concept explainers
Question
A dance studio has fixed monthly costs of $1500 that include rent, utilities, insurance, and
advertising. The studio charges $60 for each private lesson, but has a variable cost for each
lesson of $35 to pay the instructor.
a. Write a linear cost function representing the cost to the studio C(x) to hold x private lessons for
a given month.
lop
rk.
b. Write a linear revenue function representing the revenue R(x) for holding x private lessons for
the month.
c. Write a linear profit function representing the profit P(x) for holding x private lessons for the
month. Show work.
d. Determine the number of private lessons that must be held for the studio to break-even.
Show work.
Transcribed Image Text:A dance studio has fixed monthly costs of $1500 that include rent, utilities, insurance, and advertising. The studio charges $60 for each private lesson, but has a variable cost for each lesson of $35 to pay the instructor. a. Write a linear cost function representing the cost to the studio C(x) to hold x private lessons for a given month. lop rk. b. Write a linear revenue function representing the revenue R(x) for holding x private lessons for the month. c. Write a linear profit function representing the profit P(x) for holding x private lessons for the month. Show work. d. Determine the number of private lessons that must be held for the studio to break-even. Show work.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Ellipses
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education