The price p of a certain product and the quantity x sold obey the demand equation shown. p=-. <+100, 0≤x≤600 6 √x Suppose that the cost C of producing x units is C = + 800. 25 Assuming that all items produced are sold, find the cost C as a function of the price p. [Hint: Solve for x in the demand equation and then form the composite.] What is the cost C as a function of the price? C(n)-(Simplify your answer) ...

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.4: Functions Given By Words
Problem 13E
icon
Related questions
Question
The price p of a certain product and the quantity x sold obey the demand equation shown.
1
0≤x≤600
p= - -x + 100,
6
√x
Suppose that the cost C of producing x units is C =
25
Assuming that all items produced are sold, find the cost C as a function of the price p.
[Hint: Solve for x in the demand equation and then form the composite.]
What is the cost C as a function of the price?
C(p) = (Simplify your answer.)
+ 800.
Transcribed Image Text:The price p of a certain product and the quantity x sold obey the demand equation shown. 1 0≤x≤600 p= - -x + 100, 6 √x Suppose that the cost C of producing x units is C = 25 Assuming that all items produced are sold, find the cost C as a function of the price p. [Hint: Solve for x in the demand equation and then form the composite.] What is the cost C as a function of the price? C(p) = (Simplify your answer.) + 800.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage