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The revenue and cost equations for a product are R=x (50-0.002x) and C= 12x+ 150000. Where R and C are measured in dollars and...Asked by Destiney
The revenue and cost equations for a product are R=x (50-0.002x) and C= 12x+ 150000. Where R and C are measured in dollars and x represents the number of units sold. How many units must be sold to get a profit of at least 1,650,000
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Answered by
Steve
well, since profit is revenue less cost,
P(x) = R(x)-C(x)
you just need to solve for x in
0.002x^2 + 38x - 150000 >= 1650000
P(x) = R(x)-C(x)
you just need to solve for x in
0.002x^2 + 38x - 150000 >= 1650000