SOLUTION: If an inventor charges $4 per unit then her profit for producing and selling x units is given by function
Px=2.25x-7000
a)what is her profit if she sells 2000 units?
b)what is h
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Question 108355: If an inventor charges $4 per unit then her profit for producing and selling x units is given by function
Px=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 her break-even point for sales?
thanks for all the help
Heather
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
a.) P(2000)=2.25(2000)-7000=-$2500
b.) P(5000)=2.25(5000)-7000=$4250
c.) At breakeven, revenues equal cost. Since profit equals revenues minus cost, then profit equals zero. She neither makes nor loses money.
P(x)=0
2.25x-7000=0
2.25x=7000
x=3111.1
Since she can't make 0.1 of a unit, round up to the next whole number.
x=3112 units
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