The proprietor of a vineyard estimates that the profit (in dollars) from producing and selling (X + 10,000) bottles of wine is P(X) = -.0002X2 + 3X + 50,000. Find the level(s) of production that will yield a profit of $60,800.

The proprietor of a vineyard estimates that the profit (in dollars) from producing and selling (X + 10,000) bottles of wine is P(X) = -.0002X2 + 3X + 50,000. Find the level(s) of production that will yield a profit of $60,800.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter7: Systems Of Equations And Inequalities

Section7.3: Systems Of Nonlinear Equations And Inequalities: Two Variables

Problem 5SE: If you perform your break-even analysis and there is more than one solution, explain how you would...

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Question

The proprietor of a vineyard estimates that the profit (in dollars) from producing and selling (X + 10,000) bottles of wine is P(X) = -.0002X² + 3X + 50,000. Find the level(s) of production that will yield a profit of $60,800.

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