Cost, Revenue, and Profit A contractor purchases a
Chapter 1, Problem 1.1.85(choose chapter or problem)
Cost, Revenue, and Profit A contractor purchases a bulldozer for $36,500. The bulldozer requires an average expenditure of $5.25 per hour for fuel and maintenance, and the operator is paid $11.50 per hour. (a) Write a linear equation giving the total cost of operating the bulldozer for hours. (Include the purchase cost of the bulldozer.) (b) Assuming that customers are charged $27 per hour of bulldozer use, write an equation for the revenue derived from hours of use. (c) Use the profit formula to write an equation for the profit derived from hours of use. (d) Use the result of part (c) to find the break-even point (the number of hours the bulldozer must be used to yield a profit of 0 dollars).
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