Question 451182: 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.
1.describe the meaning of the number 12 in the formula
Answer by ewatrrr(24785)   (Show Source):
You can put this solution on YOUR website!
Hi,
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.
1.describe the meaning of the number 12 in the formula
As x increases by one, P(x) increases by 12
(that is: for every 1000 items sold, profit increases by $12,000)
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