Your Surf Shop sells two types of surfboards. The first, type A, costs $201 and you make a $22 profit on each one. The second, type B, costs $178 and you make a $16 profit on each one. You can order no more than 110 surfboards this month, and you need to make at least $1820 profit on them. If you must order at least one of each type of surfboard, how many of each type of surfboard should you order if you want to minimize your cost?

Kinsley spends $643.32 on 9 surfboards. The surfboards all cost the same amount. What is the cost of each surfboard?

ProblemAdam wants to buy a surfboard that costs $249$249. He was given a birthday present of $50$50 and he has a summer job that pays him $6.50$6.50 per hour. To be able to buy the surfboard, how many hours does he need to work? SolutionStep 1:We know the following.The surfboard costs $249$249.Adam has $50$50.His job pays $6.50$6.50 per hour.We want to know how many hours Adam needs to work to buy the surfboard.Let x=𝑥= the time expressed in hours.Let y=𝑦= Adam earningsThe equation of this line is: y=6.50x+50𝑦=6.50𝑥+50Step 2: We can solve this problem by making a graph that shows the number of hours spent working on the horizontal axis and Adam’s earnings on the vertical axis.Adam has $50$50 at the beginning. This is the Answer 1 Question 5: (0,50)(0,50).He earns $6.50$6.50 per hour. This is the Answer 2 Question 5 of the line.We can graph this line using the slope-intercept method. We graph the y𝑦−intercept of (0,50)(0,50), and we know that for each unit in the horizontal direction, the line rises by Answer 3 Question 5 units in the vertical direction. Here is the line that describes this situation.Step 3: The question was: “How many hours does Adam need to work to buy the surfboard?”We find the answer from reading the graph - since the surfboard costs $249$249, we draw a horizontal line from $249$249 on the vertical axis until it meets the graph and then we draw a vertical line downwards until it meets the horizontal axis. We see that it takes approximately 3131 hours to earn the money.Step 4: To check if this correct, let’s think of the problem again. We know that Adam has $50$50 and needs $249$249 to buy the surfboard. So, he needs to earn $249−$50=$$249−$50=$ Answer 4 Question 5 from his job.His job pays $6.50$6.50 per hour. To find how many hours he need to work we divide:$199$6.50perhour=30.6$199$6.50𝑝𝑒𝑟ℎ𝑜𝑢𝑟=30.6 hoursThis is very close to the answer we got from reading the graph.The domain of this function would be Answer 5 Question 5 Answer 6 Question 5 Answer 7 Question 5.The range of this function would be Answer 8 Question 5 Answer 9 Question 5 Answer 10 Question 5.CheckQuestion 5

Alex owns a lumber yard. Sometimes they order 100 planks of oak wood, but sometimes they only orders 50. They spend $12 per plank of wood. These types of costs fluctuate depending how many planks of wood they need to order, what type of costs are these considered?Select answer from the options belowVariable costsMaterial overhead costsDirect material costsFixed costs.

When the price of surfboards is equal to 2, the firm sells 10 surfboards and 20 scooters. When the price of surfboards increases to 4, the firm sells 6 surfboards and 10 scooters. What is the cross-price elasticity of scooters’ demand to the change in price of surfboards? Use mid-point formula to answer the question. Group of answer choices-1, surfboards and scooters are substitutes-0.75, surfboards and scooters are substitutes-1, surfboards and scooters are complements-0.75, surfboards and scooters are complementsNone of the other answers are correct

Our company sells a product for $120 per unit. Variable costs are $90 per unit and fixed costs are $4,000. The company expects to sell 200 units this year. How many units must we sell to earn a profit of $2,000?Group of answer choices200250300340