Precalculus (10th Edition)

Published by Pearson
ISBN 10: 0-32197-907-9
ISBN 13: 978-0-32197-907-0

Chapter 2 - Functions and Their Graphs - 2.1 Functions - 2.1 Assess Your Understanding - Page 59: 112

Answer

a) Profit function $P(x) =-0.1x^2+23x-400$ b) $P(30) =\$200$ c) When $30$ clocks are sold, the profit is $\$200$.

Work Step by Step

a) We know we can find the profit function by subtracting the cost function from the revenue function. $P(x) = R(x) -C(x)$ $=30x-(0.1x^2+7x+400)$ $=30x-0.1x^2-7x-400$ $=-0.1x^2+23x-400$ b) Given $x=30$, when substituted in profit function $P(x)$ $P(30) =-0.1(30)^2+23(30)-400$ $=-90+690-400$ $=\$200$ c) When $30$ clocks are sold, the profit is $\$200$
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