Profit Calculations for Glow Sticks

The video tutorial explains how to calculate profit from selling glow sticks using the equation P=1.5x-81. It guides viewers through completing a table by substituting values into the equation to find corresponding profits or quantities sold. The tutorial also covers solving for x when given a profit value and interpreting ordered pairs. Key concepts include understanding profit calculations, solving equations, and interpreting data.

What is the profit equation used to calculate the profit from selling glow sticks?

• P = 2x - 81

• P = 1.5x + 81

• P = 1.5x - 81

• P = 2x + 81

If no glow sticks are sold, what is the profit or loss?

• $0

• $81 profit

• $81 loss

• $0 profit

How much is the profit when 28 glow sticks are sold?

• $81 profit

• $39 loss

• $81 loss

• $39 profit

What is the x-value when the profit is $0?

• 81

• 28

• 100

• 54

How many glow sticks need to be sold to achieve a profit of $219?

• 150

• 250

• 100

• 200

What is the profit when 296 glow sticks are sold?

• $296

• $219

• $444

• $363

What is the profit when all 600 glow sticks are sold?

• $900

• $819

• $600

• $1000

What does the ordered pair (442, 582) represent?

• Selling 442 glow sticks results in a $582 loss

• Selling 442 glow sticks results in a $582 profit

• Selling 582 glow sticks results in a $442 loss

• Selling 582 glow sticks results in a $442 profit

What does it mean to break even in this context?

• Profit is greater than $0

• Profit is less than $0

• Profit is equal to $0

• Profit is equal to $100

How many glow sticks must be sold to break even?

• 28

• 54

• 81

• 100