Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up to 500. Its cost (in dollars) for a run of x pairs of cleats is C(x) = 3050 + 6x + 0.1x2 (0 ≤ x ≤ 500). Gymnast Clothing sells the cleats at $130 per pair. Find the revenue and profit functions. How many should Gymnast Clothing manufacture to make a profit?
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
Gymnast Clothing manufactures expensive soccer cleats for sale to college bookstores in runs of up to 500. Its cost (in dollars) for a run of x pairs of cleats is
Gymnast Clothing sells the cleats at $130 per pair. Find the revenue and profit functions. How many should Gymnast Clothing manufacture to make a profit?
Revenue | =
|
Profit | =
|
At least __________ pairs
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 3 images