SOLUTION: I would like to ask a business and finance applcation involving functions.
The inventor of a new product believes that the cost of producing the prodict is given by the function,
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The inventor of a new product believes that the cost of producing the prodict is given by the function,
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Question 81604This question is from textbook beginners algebra
: I would like to ask a business and finance applcation involving functions.
The inventor of a new product believes that the cost of producing the prodict is given by the function, example;
C(x)=1.75+7000
How much does it cost to produce 2000 units of her invention?
If the inventor in exercise 53 charges $4 per unit, then her profit for producing and selling x units is given by the function.
P(x)=2.25x-7000
a.) What is her profit isf she sells 2000 units?
b.) What is her profit if she selss 5000 units?
C.)What is the break-even point for sales?
Please help This question is from textbook beginners algebra