LINEAR AND QUADRATIC

FUNCTIONS APPLICATIONS
GROUP 7 MEMBERS
AHMAD AFIQ BIN MOHD ZAHIR | 62212222326
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 THE APPLICATIONS
OF LINEAR AND
QUADRATIC
FUNCTIONS
So, how can we apply them in real
life?
 INTRODUCTION

● *Intro points*
Table of contents
1 The Demand and Supply
Function

2 The Market Equilibrium Point

3 Cost and Revenue Function

4 Break-even Point Analysis

5 Maximum and Minimum

 1
The Demand and
Supply Function
 2
The Market
Equilibrium
Point
 3
Cost and
Revenue
Function
 4
Break-even Point
Analysis
What Is the Break-Even
Point and How Do You
Apply It?
 WHAT IS THE BREAK-EVEN POINT?

● When a company reaches a break-even point, the total of sales

is equal to the total of expenses.
● If the revenue is below the break-even point, its a loss; if it's
above, one have made a profit.
● Use your break-even point to determine how much you need to
sell to cover costs or make a profit.
● Finding break-even point can help determine if needed to do
one or both of the following:
○ Increase your prices
○ Cut expenses
 In a finite mathematics course, you may be asked to solve a financial
problem using a linear equation.

The basic business model is Profit = Revenue – Cost.

If revenue is equal to cost, then the profit is 0.

That's called the break-even point.

THE
CALCULATION
 EXAMPLE OF
APPLICATION
Consider a business that makes a pair of jeans for $29 and sells them for $49.
How many pairs do they have to sell before they break even? What is the
break-even point?
SOLUTION OF THE
APPLICATION
First, write equations to model the situation. For the cost
function, you have C(x) = 29x + 1,000, where x is the
number of pairs of jeans sold. And the revenue function is
R(x), where y is the sum of all the different products sold.

To put this in terms of equations in a coordinate plane,

just write the functions as y = 29x + 1,000 and y = 49x.

The figure shows what these functions look like when you
graph them.
 SOLUTION OF THE
APPLICATION
System of equations y = 29x + 1,000 and y = 49x, where y is
the number of pairs of jeans and x is the amount of money
a pair of jeans costs. The simplest way to solve these
equations is to use substitution, because they're both
already solved for y.

Dividing each side by 20, you get x = 50, which

is the sum of the prices and profits from
selling 50 pairs of different kinds of jeans.
 5
Maximum and
Minimum
 CONCLUSION
So, why are linear and quadratic functions
important in our daily life?
They are functions which have variable rates of changes, that can be
described qualitatively.

The study of quadratics, therefore, provides the opportunity to ask a

variety of questions about quantitative characteristics of a
phenomena.

It is easy to provide with quadratic functions whose output values

can be represented on equal aspect x and y axes, so that
understanding rate of change as the gradient of tangent at point is
relatively straightforward without worrying about scaling.

For all future work with functions and graphs, whether in pure
maths or in some application of maths, we will need to focus on
these qualitative characteristics, and also rates of change, constants
represented by y intercepts, and zeros.
THANK YOU!
REFERENCES
● reference