Question

Write an equation that represents your total earnings based on the price of your item and how many you sell. my price of my item is 25 and spending limit was 200. PLEASE SOMEONE HELP ME OUT

Answer 1

The data that we have is:

Price per item = $25

spending limit = $200

Now, if you sell x items, then your earnings will be:

E = $25*x

So if you sell two items, we have x = 2

E(2) = $25*2 = $50

But the maximum spending possible will be such that:

$25*x = $200

x = $200/$25 = 8

Then the equation is:

E(x) = $25*x

such that 0 ≤ x ≤ 8

Which means that you can sell any number of units between 0 and 8.