The marketing research department for a computer company used a large city to test market the firm's new laptop. The department found that the relationship between price p (dollars per unit) and demand x (unit sold per week) was given approximately by p = 1,296 – 0. 12x² Moreover, the cost function C(x) in dollars is given by C(x) = 830 + 396x. 0 sxS 80 Graph the profit function P(x).

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
icon
Related questions
Question
100%

[fourth item] pls check the image below....

 

The marketing research department for a computer company used a large city to test
market the firm's new laptop. The department found that the relationship between price p
(dollars per unit) and demand x (unit sold per week) was given approximately by
p =
1, 296 – 0.12x
0 < x < 80
Moreover, the cost function C(x) in dollars is given by
C(x) = 830 + 396x.
Graph the profit function P(x).
Transcribed Image Text:The marketing research department for a computer company used a large city to test market the firm's new laptop. The department found that the relationship between price p (dollars per unit) and demand x (unit sold per week) was given approximately by p = 1, 296 – 0.12x 0 < x < 80 Moreover, the cost function C(x) in dollars is given by C(x) = 830 + 396x. Graph the profit function P(x).
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Algebra for College Students
Algebra for College Students
Algebra
ISBN:
9781285195780
Author:
Jerome E. Kaufmann, Karen L. Schwitters
Publisher:
Cengage Learning
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL