document.write( "Question 1186827: Good Day,
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document.write( "I didn't get any response to this question.....The demand function for a tablet is given by the model p=200-16x^2, where p is measured in dollars per tablet and x is measured in millions of tablets. If it costs $50 to produce each tablet and a profit of $125 million was derived when 2.5 million tablets were produced. Derive the number of tablets that the company could sell to make the same amount of profit? \n" );
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Algebra.Com's Answer #849370 by CPhill(1959)![]() ![]() You can put this solution on YOUR website! Here's how to solve this problem:\r \n" ); document.write( "\n" ); document.write( "**1. Define the variables:**\r \n" ); document.write( "\n" ); document.write( "* p = price per tablet (dollars) \n" ); document.write( "* x = quantity of tablets (millions)\r \n" ); document.write( "\n" ); document.write( "**2. Given information:**\r \n" ); document.write( "\n" ); document.write( "* Demand function: p = 200 - 16x² \n" ); document.write( "* Cost per tablet: $50 \n" ); document.write( "* Profit: $125 million when x = 2.5 million\r \n" ); document.write( "\n" ); document.write( "**3. Find the profit function:**\r \n" ); document.write( "\n" ); document.write( "* Revenue = p * x = (200 - 16x²) * x = 200x - 16x³ \n" ); document.write( "* Cost = 50 * x \n" ); document.write( "* Profit = Revenue - Cost = (200x - 16x³) - 50x = 150x - 16x³\r \n" ); document.write( "\n" ); document.write( "**4. Set up the equation to solve for x:**\r \n" ); document.write( "\n" ); document.write( "We know the profit was $125 million when x = 2.5 million. We want to find the other value of x that gives the same profit.\r \n" ); document.write( "\n" ); document.write( "125 = 150x - 16x³\r \n" ); document.write( "\n" ); document.write( "**5. Solve for x:**\r \n" ); document.write( "\n" ); document.write( "16x³ - 150x + 125 = 0\r \n" ); document.write( "\n" ); document.write( "This is a cubic equation. We already know one root: x = 2.5. We can use this information to factor the equation or use numerical methods (like a calculator or software) to find the other root(s).\r \n" ); document.write( "\n" ); document.write( "*One way to proceed is to use polynomial division to divide the cubic by (x - 2.5). This will leave you with a quadratic equation which you can then solve using the quadratic formula.*\r \n" ); document.write( "\n" ); document.write( "Solving the cubic equation (using a calculator or software is the most practical method), we find three roots: x ≈ -3.06, x = 2.5, and x ≈ 3.56.\r \n" ); document.write( "\n" ); document.write( "**6. Interpret the results:**\r \n" ); document.write( "\n" ); document.write( "* x ≈ -3.06: This solution doesn't make sense in our context, as the quantity of tablets cannot be negative. \n" ); document.write( "* x = 2.5: This is the given quantity, which we already know yields a profit of $125 million. \n" ); document.write( "* x ≈ 3.56: This is the other solution we're looking for.\r \n" ); document.write( "\n" ); document.write( "**Answer:**\r \n" ); document.write( "\n" ); document.write( "The company could sell approximately 3.56 million tablets to make the same amount of profit ($125 million). \n" ); document.write( " \n" ); document.write( " |