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A company's revenue earned from selling x items is given by R = 460x, and their cost is given by |C = 1360 + 1.7x². Use these equations to answer the following questions. Write an equation that describes the company's profit from selling æ items. %3D P(x) = Identify the vertical intercept of this equation. Write it as an ordered pair and interpret its meaning in a complete sentence. Vertical Intercept: If the company sells items, they will lose $ How many items must be sold in order to maximize the profit? To maximize profit, number. items must be sold. Round to the nearest whole What is the maximum profit that can be earned? Round to the nearest cent. The maximum profit that can be earned is $ What is the minimum number of items that must be sold in order to make a profit? Enter the minimum whole number of items necessary to make a profit. The company must sell a minimum of items to make a profit

A company's revenue earned from selling x items is given by R = 460x, and their cost is given by |C = 1360 + 1.7x². Use these equations to answer the following questions. Write an equation that describes the company's profit from selling æ items. %3D P(x) = Identify the vertical intercept of this equation. Write it as an ordered pair and interpret its meaning in a complete sentence. Vertical Intercept: If the company sells items, they will lose $ How many items must be sold in order to maximize the profit? To maximize profit, number. items must be sold. Round to the nearest whole What is the maximum profit that can be earned? Round to the nearest cent. The maximum profit that can be earned is $ What is the minimum number of items that must be sold in order to make a profit? Enter the minimum whole number of items necessary to make a profit. The company must sell a minimum of items to make a profit

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter8: Polynomials
Section8.1: Adding And Subtracting Polynomials
Problem 51PPS
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Evaluating and Solving Quadratic Functions A company's revenue earned from selling x items is given by R = 460x, and their cost is given by C = 1360 + 1.7x². Use these equations to answer the following questions. Write an equation that describes the company's profit from selling æ items. P(x) = Identify the vertical intercept of this equation. Write it as an ordered pair and interpret its meaning in a complete sentence. Vertical Intercept: If the company sells items, they will lose $ How many items must be sold in order to maximize the profit? To maximize profit, items must be sold. Round to the nearest whole number. What is the maximum profit that can be earned? Round to the nearest cent. The maximum profit that can be earned is $ What is the minimum number of items that must be sold in order to make a profit? Enter the minimum whole number of items necessary to make a profit. The company must sell a minimum of items to make a profit
Transcribed Image Text:Evaluating and Solving Quadratic Functions A company's revenue earned from selling x items is given by R = 460x, and their cost is given by C = 1360 + 1.7x². Use these equations to answer the following questions. Write an equation that describes the company's profit from selling æ items. P(x) = Identify the vertical intercept of this equation. Write it as an ordered pair and interpret its meaning in a complete sentence. Vertical Intercept: If the company sells items, they will lose $ How many items must be sold in order to maximize the profit? To maximize profit, items must be sold. Round to the nearest whole number. What is the maximum profit that can be earned? Round to the nearest cent. The maximum profit that can be earned is $ What is the minimum number of items that must be sold in order to make a profit? Enter the minimum whole number of items necessary to make a profit. The company must sell a minimum of items to make a profit
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