Asked by Mary B.
An electronics company has developed a new hand-held device. The company predicts that the start-up cost to manufacture the new product will be $125,000, and the cost to make one device will be $6.50.
A. If the company plans on selling the devices at a price of $9, write and solve an inequality to determine how many must be sold for the company to make a profit.
B. The cost of one device is 10% more than the company predicted. What is the new cost of making one device? How many devices must they now sell at the same price to make a profit?
C. Suppose the company wants to start making a profit after selling the same number of devices you found in part a. What is the lowest the new price can be? Explain how you found this price. HELP!!!!
A. If the company plans on selling the devices at a price of $9, write and solve an inequality to determine how many must be sold for the company to make a profit.
B. The cost of one device is 10% more than the company predicted. What is the new cost of making one device? How many devices must they now sell at the same price to make a profit?
C. Suppose the company wants to start making a profit after selling the same number of devices you found in part a. What is the lowest the new price can be? Explain how you found this price. HELP!!!!
Answers
Answered by
Steve
The cost to make x items will be
c(x) = 125000+6.50x
So, for
(A) you want 9x >= 125000+6.50x
see what yo can do with the other parts.
c(x) = 125000+6.50x
So, for
(A) you want 9x >= 125000+6.50x
see what yo can do with the other parts.
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