A new product is being pitched in your company. The total revenue and total cost in thousands of dollars for selling and producing æ thousand Things are given by TR(x) = x² + 18x and TC(г) — 2а2 + 60. This product will be approved only if it can generate a profit of at least 17 thousand dollars. Find smallest value of x for which this is true. ANSWER: x thousands of units. Do not include units in the answer blank. Just a number. If rounding is necessary, round to three digits after the decimal.
A new product is being pitched in your company. The total revenue and total cost in thousands of dollars for selling and producing æ thousand Things are given by TR(x) = x² + 18x and TC(г) — 2а2 + 60. This product will be approved only if it can generate a profit of at least 17 thousand dollars. Find smallest value of x for which this is true. ANSWER: x thousands of units. Do not include units in the answer blank. Just a number. If rounding is necessary, round to three digits after the decimal.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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