00:01
In this problem, we're trying to come up with an equation in y equals mx plus b form for the situation given.
00:06
So in here we're told that the snow cone vendor pays $2 ,000 per month.
00:11
So this is the initial amount and is going to get paid out regardless of anything.
00:15
Then we're told that for fixed costs, such as utilities and kiosk rental, of $1 ,150 per month.
00:20
So this is also important for us to note, as it's going to be part of our initial value as well.
00:26
Now we're told that each cone is sold at $0 .36.
00:30
Represent this in dollars we're going to do 0 .36 we want to write an equation for the total cost of selling snow cones for a month depending on how many are going to be sold so from here we're told that we have or we're going to be y is equal to 0 .36 now since we're trying to figure out the total costs this is got all this is representative costs we're going to do plus so sometimes you'll be trying to figure out what would be the profit in which those costs would be a negative amount but in this case here, it's going to be positive.
01:02
So the total cost spent is $3 ,150.
01:06
Now for part b here, it wants to know what's the monthly cost if she sells 3 ,000 cones.
01:12
So we'll set this up as y equals 0 .36 times the 3 ,000 plus the 3 ,150.
01:20
So then from there we just do a little bit of math...