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    Lecture 1 Worksheet

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    Chris Beatrice
    The document contains 3 math questions: 1) Calculating the break-even point for a company with fixed costs of $12,000 per month that sells products for $10 each that cost $4 to make. 2) Determining whether it is cheaper for a person to make a direct dial phone call to Australia for $1.05 per minute or use an economy late night rate of $0.65 per minute including a $5 service fee. 3) Solving simultaneous equations: a) Setting two functions equal to find the x-value where they intersect, b) Solving two equations for x and y, and c) Solving two equations for x and y.

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    Attribution Non-Commercial (BY-NC)
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    Lecture 1 Worksheet

    Uploaded by

    Chris Beatrice
    26 views2 pages
    The document contains 3 math questions: 1) Calculating the break-even point for a company with fixed costs of $12,000 per month that sells products for $10 each that cost $4 to make. 2) Determining whether it is cheaper for a person to make a direct dial phone call to Australia for $1.05 per minute or use an economy late night rate of $0.65 per minute including a $5 service fee. 3) Solving simultaneous equations: a) Setting two functions equal to find the x-value where they intersect, b) Solving two equations for x and y, and c) Solving two equations for x and y.

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    The document contains 3 math questions: 1) Calculating the break-even point for a company with fixed costs of $12,000 per month that sells products for $10 each that cost $4 to make. 2) Determining whether it is cheaper for a person to make a direct dial phone call to Australia for $1.05 per minute or use an economy late night rate of $0.65 per minute including a $5 service fee. 3) Solving simultaneous equations: a) Setting two functions equal to find the x-value where they intersect, b) Solving two equations for x and y, and c) Solving two equations for x and y.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    26 views2 pages

    Lecture 1 Worksheet

    Uploaded by

    Chris Beatrice
    The document contains 3 math questions: 1) Calculating the break-even point for a company with fixed costs of $12,000 per month that sells products for $10 each that cost $4 to make. 2) Determining whether it is cheaper for a person to make a direct dial phone call to Australia for $1.05 per minute or use an economy late night rate of $0.65 per minute including a $5 service fee. 3) Solving simultaneous equations: a) Setting two functions equal to find the x-value where they intersect, b) Solving two equations for x and y, and c) Solving two equations for x and y.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 2

    MATHS 102/Mod1/Lect2

    Department of Mathematics

    X Marks the Spot


    Q1: Prescott Ltd manufactures its products at a cost of $4 per unit and sells them at $10 per unit. If the companys fixed costs are $12000 per month, discuss methods of determining the companys break-even point per month, and find this point. (The level of production at which a company neither makes a profit nor sustains a loss is called "the break-even level of operation").

    Q2. Ana has a choice of making a Direct Dial phone call to Australia at the normal daytime rate of $1.05 per minute or of making a call late at night on Economy rates of $0.65 per minute. However, for the night call she has to use the Person to Person option which charges $5 for the service. What would you advise her to do if she wants to get value for money? [Note: The above rates are subject to regular change due to market competition]

    Q3. (i)

    Let f(x) = -2x + 7 and g(x) = 4x 3. Find the value of x such that f(x) = g(x)

    MATHS 102/Mod1/Lect2

    Department of Mathematics

    (ii)

    Solve simultaneously the equations:

    (iii)

    Solve simultaneously the equations: y = 5x 6 and 3x + 2y = 5

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