10 videos in "Linear Functions"

[C.12] Using Solver on a graphing calculator

[C.19] Solver and Linear Growth of Money

Alternatives to Slope and Intercept

Recognizing a Linear Relationship

Solving Linear Equations

Linear Profit  Break Even

Linear Profit and Solver

Overview of Linear Equations

Evaluating a Linear Function

Evaluating a Function
Linear Profit  Break Even
Linear Profit  Break Even
7111 views, 1 rating  00:09:58
Part of video series Linear Relationships / Functions / Models
Check out www.themathdude.org for more videos.
(
download video
)
Handle situations involving a Linear Profit model (which includes Linear Revenue and Linear Cost). Handle means interpret the situation in order to solve for the input (quantity), output (profit), or any of the parameters (unit/marginal cost, unit/marginal price, fixed cost), whatever is missing.
 Group Work / Mini Project  A miniproject for Linear Profit
 Problem Set  A problem set from this lesson.
 Problem Set Solutions  Solutions to the problem set for this lesson.
 Linear Cost, Revenue, and Profit  Example problems for finding cost, revenue, or profit for given linear functions.
 Linear Demand, Supply, and TimeChange Models  Practice questions and problems using Demand, Supply, and TimeChange functions
 Supply and Demand  A full explanation of supply and demand
 Inputoutput model  An explanation of what an inputoutput model is, including some advanced topics.
 InputOutput Tutorial  Practice problems and questions about inputoutput models.
 How do you find the break even point for a realworld relationship where revenue catches up with cost?
 When does the revenue take over the cost of producing a product?
 How can you find the breakeven point for a situation using a TI graphing calculator?
 How can you find the intersection of two lines using a TI graphing calculator?
 How do you graph a profit function from the cost and revenue functions?
 How do you find the zero of a function using a TI graphing calculator?
 What is a breakeven point?
 How do you find the intersection of a cost equation C(u) = 0.55u + 10 and revenue equation R(u) = 0.95u and what does it tell you?
This lesson will show you how to find the breakeven point in a realworld situation in which you are selling a product. A TI graphing calculator is used to graph the cost and revenue equations and find their intersection point, which is where you will break even. The many resources included really help drive home the concept of finding the break even point.