Tuesday, March 4, 2014

A company has found that when x units of a product are manufactured and sold,its revenue is given by x 2 + 100 x dollars and its costs are given by...

Let the revenue be R, the profit be P, and the cost be
C.


Then, we know that:


Profit
= Revenue - cost


==> Given that R=
x^2+100x


Also, given that C =
240x+500


==> P = x^2 +100x - 240x
-500


==> P = x^2 -140x
-500


We need to find x such that P=
10,000


==> x^2 - 140x -500 =
10,000


==> x^2 -140x -10,500 =
0


We will use the formula to find the
roots.


==> x1= ( 140+248.2)/2 = 194.1 (
approx.)


Then, the number of product must be
sold is 194.

No comments:

Post a Comment

Calculate tan(x-y), if sin x=1/2 and sin y=1/3. 0

We'll write the formula of the tangent of difference of 2 angles. tan (x-y) = (tan x - tan y)/(1 + tan x*tan y) ...