What this quiz covers
This quiz focuses on Building Linear Models, giving you a quick way to practice the rules, question types, and explanations that matter most for Finite Mathematics.
A company has fixed costs of $10,000 per month and a variable cost of $30 per unit. The product sells for $50 per unit. The company aims to achieve a target monthly profit of $5,000. Which equation correctly models the number of units, x, that must be sold to reach this target profit?
Finite Mathematics Quiz
Practice Building Linear Models in Finite Mathematics with focused quiz questions that help you check what you know, review explanations, and build confidence with test-style prompts.
This quiz focuses on Building Linear Models, giving you a quick way to practice the rules, question types, and explanations that matter most for Finite Mathematics.
Try each quiz question before looking at the correct answer. Use the explanations to review missed ideas, then come back to similar questions until the pattern feels familiar.
A company has fixed costs of $10,000 per month and a variable cost of $30 per unit. The product sells for $50 per unit. The company aims to achieve a target monthly profit of $5,000. Which equation correctly models the number of units, x, that must be sold to reach this target profit?
P is calculated as total revenue R(x) minus total cost C(x). Here, R(x)=50x and C(x)=30x+10000. The profit function is P(x)=50x−(30x+10000). To find the number of units needed for a target profit of $5,000, we set the profit function equal to the target: 50x−(30x+10000)=5000.A manufacturing company's monthly production cost C (in thousands of dollars) is modeled by C=12+0.8x, where x is the number of units produced (in hundreds). If the company's budget allows for a maximum monthly cost of $28,000, and they need to produce at least 500 units to meet demand, which statement correctly describes their production constraints?
A fitness tracker app models the relationship between weekly exercise minutes m and calories burned c using the equation c=6.5m+120. The constant term represents calories burned through normal daily activities. If a user wants to burn at least 800 calories per week through this combination, but can only exercise for a maximum of 90 minutes per week, what is the range of exercise minutes that meets their goal?
A research study tracks the relationship between study time and test scores. The linear model S=65+2.5t represents the relationship, where S is the test score and t is study time in hours. However, the model is only valid for study times between 2 and 20 hours. What is the range of possible test scores predicted by this model?
A coffee blender is creating a 100-pound batch of a new blend by mixing two types of coffee beans. Bean A costs $5.00 per pound and Bean B costs $8.00 per pound. Let x represent the number of pounds of Bean A used. Which of the following linear models represents the total cost, C, of the 100-pound batch as a function of x?
x be the pounds of Bean A and y be the pounds of Bean B. The total cost is C=5x+8y. The total weight is 100 pounds, so x+y=100. To express the cost as a function of x, we solve for y: y=100−x. Substitute this into the cost equation: C(x)=5x+8(100−x)=5x+800−8x=800−3x.A water tank is being filled at a constant rate. After 15 minutes, the tank contains 240 gallons. After 35 minutes, it contains 320 gallons. If the tank was not empty when filling began, what was the initial amount of water in the tank?
A piece of industrial equipment is purchased and depreciates linearly over time. Two years after purchase, its value is $45,000. Five years after purchase, its value is $30,000. Which linear model represents the value V of the equipment t years after its purchase?
(t, V): (2, 45000) and (5, 30000). First, find the slope (rate of depreciation): m=t2−t1V2−V1=5−230000−45000=3−15000=−5000. The model is V(t)=−5000t+b. Use one point to find the y-intercept b (initial value): 45000=−5000(2)+b⇒45000=−10000+b⇒b=55000. Thus, the model is V(t)=−5000t+55000.A small business manufactures artisanal chairs. Its fixed monthly costs include $2,000 for rent and $500 for equipment leasing. The variable cost to produce one chair is $15. If each chair sells for $40, which linear model represents the monthly profit P as a function of the number of chairs x produced and sold?
P is Revenue R minus Cost C. The total fixed cost is $2000 + 500 = $2500. The variable cost is 15x. So the total cost function is C(x)=15x+2500. The revenue function is R(x)=40x. Therefore, the profit function is P(x)=R(x)−C(x)=40x−(15x+2500)=40x−15x−2500=25x−2500.A factory produces two models of furniture: a standard chair (Product X) and a deluxe lounge chair (Product Y). Each unit of Product X requires 15 minutes of machine time and 2 labor hours. Each unit of Product Y requires 25 minutes of machine time and 1.5 labor hours. The factory has a maximum of 8 hours of machine time and 40 labor hours available per day.
Let x be the number of units of Product X and y be the number of units of Product Y produced daily. Based on the passage, which linear inequality correctly models the constraint on available machine time?
x units of Product X is 15x minutes. The machine time for y units of Product Y is 25y minutes. The total machine time is 15x+25y. The total available time is 8 hours, which must be converted to minutes to match the units of the coefficients: 8 hours×60 minutes/hour=480 minutes. The total time used must be less than or equal to the available time, so the constraint is 15x+25y≤480.A nutritionist is creating a food supplement from two sources, A and B. Let a represent the number of grams of source A and b represent the number of grams of source B. A dietary requirement specifies that the amount of source A must be at least two-thirds the amount of source B. Which of the following linear inequalities, written in a standard form, correctly models this constraint?
An employee earns $20 per hour for the first 40 hours worked in a week. For any hours worked beyond 40, the employee earns an overtime rate of 1.5 times the standard rate. Which linear model represents the employee's total weekly pay, W, for working h hours, where h > 40?
W is the sum of the pay for the first 40 hours and the pay for the overtime hours. Pay for the first 40 hours is 40 \times \20 = $800.Theovertimerateis1.5 \times $20 = $30perhour.Thenumberofovertimehoursish - 40.Theovertimepayis30(h - 40).So,thetotalpayisW(h) = 800 + 30(h - 40) = 800 + 30h - 1200 = 30h - 400$.A town's population was 12,500 in the year 2010. By 2015, the population had grown to 14,000. Assuming the population growth is linear, which model represents the population P as a function of t, the number of years after 2010?
The relationship between temperature in degrees Fahrenheit (F) and degrees Celsius (C) is linear. The freezing point of water is 0°C and 32°F, and the boiling point of water is 100°C and 212°F. Which of the following models correctly expresses F as a function of C?
Market research for a new product provides the following data points. For consumer demand: at a price of $120, the quantity demanded is 500 units; at $100, the quantity demanded is 600 units. For supply: at a price of $120, producers will supply 800 units; at $100, they will supply 700 units.
Based on the passage, which of the following equations correctly models the quantity demanded, q, as a linear function of the price, p?
(p, q): (120, 500) and (100, 600). The slope of the demand function is m=p2−p1q2−q1=100−120600−500=−20100=−5. The model is q=−5p+b. Using the point (100, 600) to find the intercept b: 600=−5(100)+b⇒600=−500+b⇒b=1100. Thus, the demand model is q=−5p+1100.