SOLUTION: It costs a company (3x+2) dollars to manufacture 3x tables. If 2x tables are sold at (x+1) dollars, how much profit does a company make?

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: It costs a company (3x+2) dollars to manufacture 3x tables. If 2x tables are sold at (x+1) dollars, how much profit does a company make?       Log On


   

Question 973459: It costs a company (3x+2) dollars to manufacture 3x tables. If 2x tables are sold at (x+1) dollars, how much profit does a company make?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
So the cost to manufacture 1 table (or unit cost) would be.
UC=%283x%2B2%29%2F%283x%29=1%2B2%2F%283x%29
The sale price of two tables is,
x%2B1 so the revenue for 1 table would be,
UR=%28x%2B1%29%2F%282x%29=1%2F2%2B1%2F%282x%29
So the profit is,
P=UR-UC
P=1%2F2%2B1%2F%282x%29-1-2%2F%283x%29
P=-1%2F2-1%2F6x
You are losing money with each sale.