Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

order

  • 3 years ago

A small manufacturing company makes and sells x machines each month. The monthly cost C, in dollars, of making x machines is given by C (x) = 2600 + 0.4x^2 . The monthly income I, in dollars, obtained by selling x machines is given by I(x)=150x−0.6x^2 . (a) Show that the companyís monthly profit can be calculated using the quadratic function P(x)=−x^2 +150x−2600.

  • This Question is Closed
  1. order
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    @FoolForMath

  2. anonymous
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Profit = Income - Costs, or P(x) = I(x) - C(x)

  3. anonymous
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I'm guessing there's a typos somewhere b/c the numbers don't work out

  4. order
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    mmmm there's no typo... and not entirely sure how to apply this question to that formula.

  5. order
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    @peachpi

  6. anonymous
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    P(x) = I(x) - C(x) = (150x−0.6x²) - (2600 + 0.4x^2)

  7. anonymous
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    oh and your numbers are right

  8. anonymous
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    dumb mental error on my part

  9. order
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    thanks for all your help

  10. arch1
    • 3 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    profit=selling price-cost price so, selling price is 150x-0.6x^2 cost price is 2600 + 0.4x^2

  11. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy