Manufacturer's Profit If a manufacturer sells x units of a cer-tain product, revenue R and cost C (in dollars) are given byR = 20xC = 2000 + &x + 0.0025x²Use the fact thatprofit = revenue – costto determine how many units the manufacturer should sellto enjoy a profit of at least $2400.

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Answered: Manufacturer's Profit If a manufacturer…

Algebra and Trigonometry (MindTap Course List)

4th Edition

ISBN:9781305071742

Author:James Stewart, Lothar Redlin, Saleem Watson

Publisher:James Stewart, Lothar Redlin, Saleem Watson

Chapter1: Equations And Graphs

Section1.7: Solving Inequalities

Problem 92E

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Profit A wholesaler sells graphing calculators. For an order of x calculators his total cost in dollars is C=50+30x0.1x2 and his total revenue is R=50x0.05x2 a Find the profit P on an order of x calculators. b Find the profit on an order of 10 calculators and on an order of 20 calculators.
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Manufacturer's Profit If a manufacturer sells x units of a cer- tain product, revenue R and cost C (in dollars) are given by R = 20x C = 2000 + &x + 0.0025x² Use the fact that profit = revenue – cost to determine how many units the manufacturer should sell to enjoy a profit of at least $2400.