SOLUTION: The profit function for a company is given by the following nonlinear equation P(x) = 4x2 - 200x − 25000 where P is the profit in dollars and x is the number of units sold.
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-> SOLUTION: The profit function for a company is given by the following nonlinear equation P(x) = 4x2 - 200x − 25000 where P is the profit in dollars and x is the number of units sold.
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Question 1142905: The profit function for a company is given by the following nonlinear equation P(x) = 4x2 - 200x − 25000 where P is the profit in dollars and x is the number of units sold.
3.1.1. Find the profit when 600 units are sold.
3.1.2. Determine the break-even level for this company
3.1.1. To answer this question, simply substitute x= 600 into the formula and calculate.
3.1.2. To answer this question, solve the equation P(x) = 0, which is
4x^2 - 200x - 25000 = 0.
It is a quadratic equation.
Simplify it by dividing both sides by 4.
Then solve it using the quadratic formula or factoring.