Solve Problems Using Systems of Linear Equations
-Steve Invests in a Circus

question 112

Multiple Choice

Solve Problems Using Systems of Linear Equations
-Steve invests in a circus production. The cost includes an overhead of $\$ 36,000$ , plus production costs of $\$ 5000$ per performance. A sold-out performance brings in $\$ 8000$ . Let $x$ represent the number of sold-out performances and write the cost function, $C$ and revenue function, $R$ .

• A) \(C ( x ) = 36,000 + 5000 x\)
• \(R ( x ) = 8000 x\)
• B) \(C ( x ) = 36,000 + 8000 x\)
• \(R ( x ) = 5000 x\)
• C) \(C ( x ) = 5000 x\)
• \(R ( x ) = 36,000 + 8000 x\)
• D) \(C ( x ) = 36,000 x + 5000\)
• \(R ( x ) = 8000 x\)

Evaluate scenarios using the law of diminishing marginal utility to explain consumer behavior.

Understand the impact of leadership qualities and governing approaches of key figures such as Abraham Lincoln and Jefferson Davis during the Civil War.

Identify and describe the economic changes and strategies during the Civil War, including the concepts of "Greenback" and "King Cotton diplomacy".

Recognize the significant roles and transformations in the lives of women and societal structures due to the Civil War.

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Definitions:

Technology for Training

The use of modern tools and platforms, such as e-learning software, virtual reality, or mobile apps, to facilitate training and learning processes.

Just-in-time Training

An educational strategy where training is provided to employees exactly when it is needed, often right before a task is to be performed.

System Maintenance

The process of regularly checking and repairing computer systems or parts of a system to ensure they run smoothly and efficiently.

Limit Its Liability

Refers to strategies or policies a company implements to minimize legal and financial responsibility due to accidents, errors, or negligence.