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Linear Functions

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Linear functions.ppt Mar 07. 2. Finding a Fly. Two axes give location of ... Linear functions.ppt Mar 07. 3. Navigating the quadrants with ... ppt Mar 07. 8 ... – PowerPoint PPT presentation

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Title: Linear Functions


1
Linear Functions
  • Used for
  • Pricing
  • Cost calculation
  • Break even analysis

2
Finding a Fly
  • Two axes give location of a point

Y axis

(1,2)
(5,1)

(0,0) ORIGIN
X axis
3
Navigating the quadrants with and - coordinates
Y Axis

-

X Axis
  • We can have , and ,- and -, and -,-
    coordinates

-
4
Plotting a linear function
  • Set up the equation so you have one y equal to
    the other stuff
  • Construct an x,y table of coordinates by trying
    different values of x in the equation
  • Plot points on graph
  • Draw an extended line through the points and
    label
  • Be sure to use at least 3 points to check for
    errors

5
Standard form linear equation
  • Y MX C

y
Sloperise/run
Rise
run
Y intercept Where it cuts y axis x 0
x
6
Break even analysis- Income equation
  • Total revenue (price)(units sold)
  • In form
  • Y MX C where c0
  • Units vary price doesnt

7
Break even analysis- Cost equation
  • Total cost (variable cost)(units) Fixed cost
  • Y MX C
  • Units vary
  • variable cost per unit and fixed costs dont

8
Break even analysis bringing together total
revenue and total cost
Total revenue

PROFIT
Total cost
BREAK EVEN POINT
LOSS
Fixed cost
No of units
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