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The market research department of a company recommended to management that the company manufacture and market a promising new product. After extensive surveys, the research team backed up the recommendation with the demand and the cost equation, respectively, x = 6000 – 30p, C = 72000 + 60x Where x is the number of units that likely to be sold at the price of p dollar per unit,C is the total cost of producing x units new product.

The market research department of a company recommended to management that the company manufacture and market a promising new product. After extensive surveys, the research team backed up the recommendation with the demand and the cost equation, respectively, x = 6000 – 30p, C = 72000 + 60x Where x is the number of units that likely to be sold at the price of p dollar per unit,C is the total cost of producing x units new product.

Algebra for College Students
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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The market research department of a company recommended to management that the company manufacture and market a promising new product. After extensive surveys, the research team backed up the recommendation with the demand and the cost equation, respectively, x = 6000 – 30p, C = 72000 + 60x Where x is the number of units that likely to be sold at the price of p dollar per unit, C is the total cost of producing x units new product.
Transcribed Image Text:The market research department of a company recommended to management that the company manufacture and market a promising new product. After extensive surveys, the research team backed up the recommendation with the demand and the cost equation, respectively, x = 6000 – 30p, C = 72000 + 60x Where x is the number of units that likely to be sold at the price of p dollar per unit, C is the total cost of producing x units new product.
viewer e) Determine the prices for which the company will not lose money to Insr b ronesesh h otAJobo wan aipong a h bas p00 or ben bmab od da 0E-0000x odts bloe ad ol ladi dmon si ame b sdi vd baviY sod atsunsva) a song o no f) For what prices p, the company will lose money? sin
Transcribed Image Text:viewer e) Determine the prices for which the company will not lose money to Insr b ronesesh h otAJobo wan aipong a h bas p00 or ben bmab od da 0E-0000x odts bloe ad ol ladi dmon si ame b sdi vd baviY sod atsunsva) a song o no f) For what prices p, the company will lose money? sin
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