You are the owner of a company that produces and sells a new tool at hardware stores.During one month, when 'x' of those new tools were produced and sold,the following were the revenue and cost (in hundreds of dollars).
R(x)=-0.06x2 + 13.12x + 65.8 C(x)=3.04x +7.6
4. Fill-in the blanks. Make sure your answers are reasonable.
HINT: use the TABLE capabilities from your graphing calculator.
a)The profit for that month was .................. when 27 of the new tool were produced and sold.
b)The profit for that month was ................... when 49 of the new tool were produced and sold.
c)The profit for that month was .................... when 63 of the new tool were produced and sold.
d)The profit for that month was ......................... when 93 of the new tool were produced and sold.
e)The profit for that month was ........................ when 115 of the new tool were produced and sold.
f)The profit for that month was............................ when 148 of the new tool were produced and sold.
We are given
cost equation as
We can find profit function
(a)
at x=27:
(b)
At x=49:
(c)
At x=63:
(d)
At x=93:
(e)
At x=115:
(f)
At x=148:
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