Profit is the difference between revenue and cost. The revenue, in dollars, of a company that manufactures cell phones can be mo

Answer:

1) 3/5

2) 40%

3) 60%

Detailed Breakdown:

Answer:

Part a) Your budget is $40.

Part b) The price for one gallon of gasoline is $3.55, while a car wash costs $8.

Part c)

Part d) Refer to the explanation below.

Step-by-step explanation:

Please see the complete question in the attached image.

Part a) The budget is expressed by the equation

y = 40

therefore,

Your budget amounts to $40.

Part b) In terms of costs, how much is a gallon of gasoline and what is the car wash price?

Let

y ------> denote the total cost for a gallon of gasoline along with a car wash

x -----> define the volume of gasoline in gallons

We can express the relationship as

y = 3.55x + 8

For calculations, when x = 0, we have:

y = 3.55(0) + 8 = 8

The y-intercept signifies the cost of the car wash, being $8.

Now, to identify the price of one gallon of gasoline:

We know the slope of the linear function is

m = $3.55 per gallon

This confirms that a gallon of gasoline costs $3.55.

Part c) Formulate an inequality representing the potential quantity of gasoline you can purchase:

We have:

Now, solve for x:

Part d) Utilize the graph to determine the solution of the inequality from part c)

We can set up the system:

y = 40

y = 3.55x + 8

The solution lies at the intersection of both graphs. By observing the graph, the intersection appears to be around (9, 40).

This indicates that the maximum volume of gasoline purchasable within your budget is approximately 9 gallons.