The cost function for a certain company is  C = 40x + 500  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 $500.

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
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The cost function for a certain company is 

C = 40x + 500

 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 $500.

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