anonymous
  • anonymous
c. Based on the book price per copy you calculated in the previous task, write a function to represent your income if you sell x copies.
Mathematics
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SOLVED
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chestercat
  • chestercat
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anonymous
  • anonymous
OK, post the formula for price and cost of production up here first.
anonymous
  • anonymous
Y = 1,550 + (4x) 4 x 50 = 200 1550 + 200 is 1750 so that
anonymous
  • anonymous
i put that as my answer

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anonymous
  • anonymous
No, sorry! You need to work out profit.
anonymous
  • anonymous
oh so how?
anonymous
  • anonymous
No sorry! 50x - (1,550 + (4x))
anonymous
  • anonymous
No 'Y='.
anonymous
  • anonymous
so just no Y
anonymous
  • anonymous
You want profit, so put how much it costs to manufacture X copies (1,550 + (4x)) And then subtract that from how much you get from selling X copies, 50x.
anonymous
  • anonymous
so i put (1550+(4x))+50x?
anonymous
  • anonymous
Nah, 50x - (1,550 + (4x)). Other way round, and you subtract.
anonymous
  • anonymous
ok thanks
anonymous
  • anonymous
d. After spending $200 on market research, you discover that you can sell many more copies of your book if you price it at $20. Write new functions for both your expenses and your income from selling x copies
anonymous
  • anonymous
OK, it's the same only the price per book is 20 not 50.
anonymous
  • anonymous
so 50x-(1,550 + (4x)
anonymous
  • anonymous
Yeah, but put 20 instead of 50.
anonymous
  • anonymous
ok thnx
anonymous
  • anonymous
e. Use the Edmentum Graphing Tool to graph the two functions you wrote in part d. Examine the graph, and estimate the minimum number of copies of your book you must print and sell to avoid losing money. Capture a screenshot of your graph, and include it with your answer.
anonymous
  • anonymous
Not a clue what that graphing thing is, can't help you there :I Sorry.
anonymous
  • anonymous
it ok :)
anonymous
  • anonymous
f. Solve the system of equations you derived in part d to find the exact number of copies (rounded up to the nearest whole number) you need to sell to avoid losing money.
anonymous
  • anonymous
f. Solve the system of equations you derived in part d to find the exact number of copies (rounded up to the nearest whole number) you need to sell to avoid losing money.

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