How can equations and inequalities help a business maximize profit or minimize costs? What is the importance of understanding how to set up and solve equations and inequalities? Discuss in general without a mathematical example. Part IIBreak Even Analysis: A Look at Profit and Loss: Recently opened a specialty pizza restaurant. It is feasible to sell your specialty pizzas for $15.

How can equations and inequalities help a business maximize profit or minimize costs? What is the importance of understanding how to set up and solve equations and inequalities? Discuss in general without a mathematical example. Part IIBreak Even Analysis: A Look at Profit and Loss: Recently opened a specialty pizza restaurant. It is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza. Establish an equation to determine revenue. Establish an equation to determine total cost. How many pizzas must be sold to break even (you experience neither a profit nor a loss)? Interpret your result. Understanding of profit and loss. The formula for determining profit is (P = R

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