document.write( "Question 1048446: The cost, in dollars, to produce x \"I'd rather be a Sasquatch\" T-Shirts is
\n" );
document.write( "C(x)=2x+26, x≥0 and the price-demand function, in dollars per shirt, is
\n" );
document.write( "p(x)= 30-2x, 0≤x≤15.\r
\n" );
document.write( "\n" );
document.write( "a)Find the profit function P(x).
\n" );
document.write( "b)Find the number of items which need to be sold in order to maximize profit.
\n" );
document.write( "c)Find the maximum profit.
\n" );
document.write( "d)Find the price to charge per item in order to maximize profit.
\n" );
document.write( "e)Find and interpret break-even points.\r
\n" );
document.write( "\n" );
document.write( "I came up with the following solutions, which are correct per the answer section:
\n" );
document.write( "a) P(x)= -2x²+28x-26
\n" );
document.write( "b) $7
\n" );
document.write( "c) Max profit: $72
\n" );
document.write( "d) price to charge for max. profit: $16
\n" );
document.write( "e) Cannot figure out. The given solutions per textbook are 1 and 13.\r
\n" );
document.write( "\n" );
document.write( "PLEASE HELP WITH E)!\r
\n" );
document.write( "\n" );
document.write( "THANK YOU!
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #664019 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! RE: TY, e) included \n" ); document.write( "Profit(x) = R(x) - C(x) where R(x) = px = (30-2x)x \n" ); document.write( "P(x) = (30x - 2x^2) -(2x+26) \n" ); document.write( "P(x) = 30x - 2x^2 -2x-26) \n" ); document.write( "And Yes \n" ); document.write( "a) P(x) = -2x^2 + 28x - 26 \n" ); document.write( "completing the square: \n" ); document.write( "P(x) = -2(x -7)^2 + 98(49*2) - 26 = -2(x -7)^2 + 72 Parabola opening downward \n" ); document.write( "V = (7,72) \n" ); document.write( "(b&c)x = 7 (# of items sold at max point) and P(x) = $72 (maximum profit) \n" ); document.write( "d) price = 30- 2x, = 30-14 = $16 \n" ); document.write( "e) Calculate and interpret the break-even point \n" ); document.write( "R(x) = C(x) \n" ); document.write( " (30x - 2x^2)=(2x+26) \n" ); document.write( " 2x^2 -28x + 26 = 0 \n" ); document.write( "x^2 - 14x + 13 = 0 \n" ); document.write( "(x-13)(x-1) = 0 \n" ); document.write( "x = 1, 13 \n" ); document.write( " \n" ); document.write( " |