A cable television company estimates that with x thousand subscribers its monthly revenue and cost (in thousands of dollars) are R(x) = 32x - .21x2 C(x) = 195 + 12x. Determine the company’s breakeven points; that is, find the number of subscribers at which profit equals zero, that is, the revenue equals the cost.
A cable television company estimates that with x thousand subscribers its monthly revenue and cost (in thousands of dollars) are R(x) = 32x - .21x2 C(x) = 195 + 12x. Determine the company’s breakeven points; that is, find the number of subscribers at which profit equals zero, that is, the revenue equals the cost.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter10: Quadratic Equations
Section10.5: Graphing Quadratic Equations
Problem 10.105TI: Find the maximum or minimum value of the quadratic equation y=x28x+12 .
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A cable television company estimates that with x thousand subscribers its monthly revenue and cost (in thousands of dollars) are R(x) = 32x - .21x2 C(x) = 195 + 12x. Determine the company’s breakeven points; that is, find the number of subscribers at which profit equals zero, that is, the revenue equals the cost.
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