Making Consumer Choices
I. The Bread Machine (25 points)r /> In real life, you must often make choices about whether to buy something pre-made or make it yourself. There are many things to consider: quality of homemade vs. bought, expense, convenience, enjoyment of making something, etc. In this response, you will be looking at the choice of buying a bread machine or relying exclusively on store bought bread.
A. The bread machine you are interested in costs $100 with tax.
The ingredients to make one loaf of bread cost $0.80.
What is the rate of cost of one loaf of bread?
B. What is your start up cost? (cost of machine)
C. Write a linear equation, y = mx + b for the total cost.
D. Graph the equation on the graph provided. You may use either Point Plotting or Slope-Intercept. Be sure to locate at least 3 points. You may want to do this in pencil in case you decide to use more points later in the problem.