The cost function for a certain company is C = 30x + 600 and the revenue is given by R = 100x − 0.5x2. Recall that profit is revenue minus cost. Set up a quadratic equation and find two values of x (production level) that will create a profit of $600.
The cost function for a certain company is C = 30x + 600 and the revenue is given by R = 100x − 0.5x2. Recall that profit is revenue minus cost. Set up a quadratic equation and find two values of x (production level) that will create a profit of $600.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
Problem 55HP
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The cost function for a certain company is
C = 30x + 600
and the revenue is given by
R = 100x − 0.5x2.
Recall that profit is revenue minus cost. Set up a
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