Answer:
The cost for selling 100 lunches is 150 dollars.
Explanation:
First, consider the equation: y = mx + b
y in this case is the profit in dollars (what' on the y axis) x in this case is the number of lunches sold (x- axis), m is the slope.
How do we calculate the slope of a graph? we take two points from the graph, let's say, (65,45) and (20,-90)
the formula for finding the slope is:
where (x1, y1) is coordinates of first point in the line
where (x2, y2) is coordinates of second point in the line
m = 3
y = 3x + b
now we need to find b. We just insert one point of your choice from the grpah, let's choose (50,0) now plug them in out newfound equation (y = 3x + b)
0 = 3(50) + b
find b using algebra:
0 = 150 + b
b = -150
Yay! we found b, now we have the equation y = 3x - 150
(by the way I just noticed you can find b from the graph, the point that touches the y-axis is b)
now we are told to find the cost for selling 100, we need to plug in 100 instead of x in our equation.
y = 3(100) - 150 = 150
therefore the cost is 150 dollars.
hope this helps, tell me if you misunderstood something.