SOLUTION: Annual profit in thousands of dollars is given by the function, P(x) = 12x - 100, where x is the number of items sold in thousands, x ≥ 10.
describe the meaning of the numbe
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Question 481396: Annual profit in thousands of dollars is given by the function, P(x) = 12x - 100, where x is the number of items sold in thousands, x ≥ 10.
describe the meaning of the number 12 in the formula, in terms of its meaning in relation to the profit.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The number 12 is the selling price of a single item in
thousands of dollars, so it represents $12,000.
The higher this number is, the greater the profit
will be.
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