Assessment Instructions
Show and explain all steps in your responses to the following parts of the assignment. All mathematical steps must be formatted using the equation editor.
Part 1: Use the substitution method to determine the point where the cost equals the revenue.
Part 2: Interpret your results from Part 1 in the context of the problem.
Part 3: Do your results from Part 1 correspond with the graph? Explain.
Part 4: Profit is found by subtracting cost from revenue. Write an equation in the same variables to represent the profit.
Part 5: Find the profit from producing 100 thousand batteries.