8. Quadratic Inequalities
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Break-even point: 50 visits.
| Description | Variable |
|---|---|
| Number of visits to the gym in a year | x |
| The cost of belonging to the gym | y |
Let's use these variables to write equations that represent the information given in the graphic.
| Information | Equation |
|---|---|
| For option 1 there is no fee for a visit, and the yearly membership costs $400. | y=400 |
| For option 2 there is a $5 fee for each visit, and the yearly membership costs $150. | y=5x+150 |
| Equation | x=0 | x=100 | Points on Graph |
|---|---|---|---|
| y=400 | y=400 | y=400 | (0,400) and (100,400) |
| y=5x+150 | y=5(0)+150=150 | y=5(100)+150=650 | (0,150) and (100,650) |
The break-even point is represented by the intersection point of the lines. We can see from the graph that this is around 50 visits. We can confirm this by calculating the cost of 50 visits for option 2.
We can see that the two options indeed have the same cost for 50 visits.