Question

8) In the semi-autobiographical movie, Terminator 2: Judgement Day, a young John Connor has an inventive way of earning money. Every time he approaches an ATM, he earns $500. However, in order for him to run his business, he has a fixed monthly cost of $3600 for humanoid and motorcycle repair, and it also costs him $100 in materials for each ATM transaction. If x stands for the number of ATM transactions in a month, find the following:

a) A linear cost function for x number of ATM transactions in a month.

b) A linear revenue function from x number of ATM transactions in a month.

c) Use your cost and revenue functions from parts a and b to find the number of ATM transactions per month he needs to break even.

Show your work.

Answer 1

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