The HAC at Humberview has decided to sell Gatorade to raise money. The demand function is describe by p(x) = -4x +340, where x is the number of bottles, in hundreds, and p(x) is in dollars. The cost: function, in dollars, is described by C(x) = 300x-275. Determine the number of Gatorade bottles they must sell so that they maximize their profit. %3D

The HAC at Humberview has decided to sell Gatorade to raise money. The demand function is describe by p(x) = -4x +340, where x is the number of bottles, in hundreds, and p(x) is in dollars. The cost: function, in dollars, is described by C(x) = 300x-275. Determine the number of Gatorade bottles they must sell so that they maximize their profit. %3D

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.1: Quadratic Functions

Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...

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Similar questions

The manufacturer of an energy drink spends $1.20 to make each drink and sells them for $2. The manufacturer also has fixed costs each month of $8,000. (a) Find the cost function C when x energy drinks aremanufactured. (b) Find the revenue function R when x drinks are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the breakeven point means.

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