# SOLUTION: The inventor of a new product believes that the cost of producing the product is given by the function C(x) = 1.75x + 7000. If the inventor charges \$4 per unit, then her profit fo

Algebra ->  Algebra  -> Coordinate-system -> SOLUTION: The inventor of a new product believes that the cost of producing the product is given by the function C(x) = 1.75x + 7000. If the inventor charges \$4 per unit, then her profit fo      Log On

 Ad: Algebra Solved!™: algebra software solves algebra homework problems with step-by-step help! Ad: Algebrator™ solves your algebra problems and provides step-by-step explanations!

 Algebra: Coordinate systems, graph plotting, etc Solvers Lessons Answers archive Quiz In Depth

 Click here to see ALL problems on Coordinate-system Question 36450: The inventor of a new product believes that the cost of producing the product is given by the function C(x) = 1.75x + 7000. If the inventor charges \$4 per unit, then her profit for producing and selling x units is given by the function P(x) = 2.25x – 7000 (a) What is her profit if she sells 2000 units? (b) What is her profit if she sells 5000 units? (c) What is the break-even point for sales stated in the number of units? Answer by stanbon(57967)   (Show Source): You can put this solution on YOUR website!If the inventor in the above exercise charges \$4 per unit, then her profit for producing and selling units is given by the function a. What is her profit if she sells 2000 units? b. What is her profit if she sells 500 units c. What is the break-even point for sales? a. P(2000)= 2.25(2000)-7000= loss of \$2500 b.P(500) = 2.25(500)-7000= loss of \$5875 c.Break-even means Cost = Profit 1.75x+7000=2.25-7000 0.5x=14000 x= 28000 units