Question
Annual profit in thousands of dollars is given by the function,p(x)=200square x-3 +10,000,where x is the number of items sold in thousands, x less than 3.
describe the meaning of the numbers 3 and 10,000 in the formula.
find the profit for 5 different values of x.
graph the profit function over its given domain; use 5 values calculated in part 3 to construct the graph and connect these points with a smooth curve.
will this profit function have a maximum, if so what is it?
describe the meaning of the numbers 3 and 10,000 in the formula.
find the profit for 5 different values of x.
graph the profit function over its given domain; use 5 values calculated in part 3 to construct the graph and connect these points with a smooth curve.
will this profit function have a maximum, if so what is it?
Answers
p(x)=-0.5x+40x-300 dollars,
how many items to be sold to get mazimun profit?
how many items to be sold to get mazimun profit?
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