terpreting violen... For a certain company, the cost for producing a items is 50x + 300 and the revenue for selling x items is 90x -0.5x². The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost). In economic models, one typically assumes that a company wants to maximize its profit, or at least wants to make a profit! Part a: Set up an expression for the profit from producing and selling items. We assume that the company sells all of the items that it produces. (Hint: it is a quadratic polynomial.) Part b: Find two values of x that will create a profit of $300. The field below accepts a list of numbers or formulas separated by semicolons (e.g. 2; 4; 6 or x+1; x-1). The order of the list does not matter. To enter √a, type sqrt(a). A= B Part c: Is it possible for the company to make a profit of $15,000? 18 Save Quit & Save Previous Unit Item Next Unit Item
terpreting violen... For a certain company, the cost for producing a items is 50x + 300 and the revenue for selling x items is 90x -0.5x². The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost). In economic models, one typically assumes that a company wants to maximize its profit, or at least wants to make a profit! Part a: Set up an expression for the profit from producing and selling items. We assume that the company sells all of the items that it produces. (Hint: it is a quadratic polynomial.) Part b: Find two values of x that will create a profit of $300. The field below accepts a list of numbers or formulas separated by semicolons (e.g. 2; 4; 6 or x+1; x-1). The order of the list does not matter. To enter √a, type sqrt(a). A= B Part c: Is it possible for the company to make a profit of $15,000? 18 Save Quit & Save Previous Unit Item Next Unit Item
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 56SE: When hired at a new job selling electronics, you are given two pay options: • Option A: Base salary...
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Transcribed Image Text:Interpreting violen...
For a certain company, the cost for producing a items is 50x + 300 and the revenue for selling
a items is 90x -0.5x².
The profit that the company makes is how much it takes in (revenue) minus how much it spends (cost).
In economic models, one typically assumes that a company wants to maximize its profit, or at least
wants to make a profit!
Part a: Set up an expression for the profit from producing and selling x items. We assume that the
company sells all of the items that it produces. (Hint: it is a quadratic polynomial.)
Part b: Find two values of x that will create a profit of $300.
The field below accepts a list of numbers or formulas separated by semicolons (e.g. 2; 4; 6 or
x+1; x-1). The order of the list does not matter. To enter √a, type sqrt(a).
P=
Part c: Is it possible for the company to make a profit of $15,000?
Save Quit & Save
Previous Unit Item Next Unit Item
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