SOLUTION: A manufacturer has determined that the revenue from selling x inkjet printers is given by Revenue = -o.1x^2 + 130x and the cost to produce x inkjet printers is given by Cost = 40x

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A manufacturer has determined that the revenue from selling x inkjet printers is given by Revenue = -o.1x^2 + 130x and the cost to produce x inkjet printers is given by Cost = 40x       Log On


   

Question 49963This question is from textbook Applied College Algebra
: A manufacturer has determined that the revenue from selling x inkjet printers is given by Revenue = -o.1x^2 + 130x and the cost to produce x inkjet printers is given by Cost = 40x + 8000. Express the company's profit in terms of x. Use this expression to find the profit from selling 400 inkjet printers. This question is from textbook Applied College Algebra

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Revenue = -o.1x^2 + 130x and the cost to produce x inkjet printers is given by Cost = 40x + 8000. Express the company's profit in terms of x.
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Profit = Revenue - Cost
Profit = -0.1x^2+130x - (40x+800)
= -0.1x^2+90x-800
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Use this expression to find the profit from selling 400 inkjet printers.
P(400)=-0.1(400^2)+90(400)-800
P(400)= $19,200.00
Cheers,
Stan H.