The Freshman Class decides to sell green shamrock cookies for St. Patrick’s Day to raise money for their class picnic in June. The Perfect Irish Bakery charges the class $160 for the cookies, including the cost for delivery. The class decides to sell the cookies for $2.00 each. Let x represent the number of cookies sold, and y represent the net profit. Based on the information provided calculate the slope of the line.
Based on the information provided what is the y-intercept of the slope of the line.
Explain the real-world meaning of the y-intercept.
Write the equation for the above problem in slope-intercept form.
When will the class break even (neither make or loose money).
If the class sells 500 cookies how much will their profit (money they will make) be.