What is profit in a business context?
Math 8 Snapshot #2 Practice 8.4C

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Mathematics
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7th - 9th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Profit is the financial gain obtained when the revenue from sales exceeds the costs associated with producing and selling goods or services.
2.
FLASHCARD QUESTION
Front
How do you calculate profit per box if you sell boxes of cards?
Back
Profit per box = (Selling Price per Box) - (Cost per Box).
3.
FLASHCARD QUESTION
Front
What does the slope of a line represent in a graph?
Back
The slope represents the rate of change of the dependent variable with respect to the independent variable. It indicates how steep the line is.
4.
FLASHCARD QUESTION
Front
What is the formula for calculating the slope (m) between two points (x1, y1) and (x2, y2)?
Back
The slope (m) is calculated as m = (y2 - y1) / (x2 - x1).
5.
FLASHCARD QUESTION
Front
What is a y-intercept in a linear equation?
Back
The y-intercept is the point where the line crosses the y-axis, indicating the value of y when x = 0.
6.
FLASHCARD QUESTION
Front
How can you identify the y-intercept from a linear equation in slope-intercept form (y = mx + b)?
Back
In the equation y = mx + b, 'b' represents the y-intercept.
7.
FLASHCARD QUESTION
Front
What does a negative slope indicate about a linear relationship?
Back
A negative slope indicates that as the independent variable increases, the dependent variable decreases.
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