Asked by mrsweetlaeh
a market researcher predicted that the profit function for the first year of a new business would be p(x)= -0.3x^2 + 3x -15, where x is based on the number of items produced. will it be possible for the business to break even in its first year?
thanks
thanks
Answers
Answered by
Reiny
to break even, p(x) = 0
-.3x^2 + 3x - 15 = 0
times -10
3x^2 - 30x + 150=0
x^2 - 10x + 50 = 0
x = (10 ± √-100)/2
this has no real solution, the company will never make a profit.
-.3x^2 + 3x - 15 = 0
times -10
3x^2 - 30x + 150=0
x^2 - 10x + 50 = 0
x = (10 ± √-100)/2
this has no real solution, the company will never make a profit.
Answered by
mrsweetlaeh
Where did the "times -10" come from?
Answered by
MAT
in order to break even he would have to produce
-o.3x^2+3x-15 factor use quadratic formula
you get two answers
5+the square root of 27
5-the square root of 27
because the second answer gives you a negative (you cant produce a negative amount of product) use the first one
10.19615242 is equivalent to x
so unless you can produce and sell .19615242 of a product which i don't know depending on the industry you just might be able, he cant break even.
-o.3x^2+3x-15 factor use quadratic formula
you get two answers
5+the square root of 27
5-the square root of 27
because the second answer gives you a negative (you cant produce a negative amount of product) use the first one
10.19615242 is equivalent to x
so unless you can produce and sell .19615242 of a product which i don't know depending on the industry you just might be able, he cant break even.
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