A community for students.
Here's the question you clicked on:
 0 viewing
anonymous
 one year ago
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.
anonymous
 one year ago
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.

This Question is Closed

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0OK, post the formula for price and cost of production up here first.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Y = 1,550 + (4x) 4 x 50 = 200 1550 + 200 is 1750 so that

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0i put that as my answer

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0No, sorry! You need to work out profit.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0No sorry! 50x  (1,550 + (4x))

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0You 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
 one year ago
Best ResponseYou've already chosen the best response.0so i put (1550+(4x))+50x?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Nah, 50x  (1,550 + (4x)). Other way round, and you subtract.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0d. 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
 one year ago
Best ResponseYou've already chosen the best response.0OK, it's the same only the price per book is 20 not 50.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0so 50x(1,550 + (4x)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Yeah, but put 20 instead of 50.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0e. 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
 one year ago
Best ResponseYou've already chosen the best response.0Not a clue what that graphing thing is, can't help you there :I Sorry.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0f. 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
 one year ago
Best ResponseYou've already chosen the best response.0f. 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.
Ask your own question
Sign UpFind more explanations on OpenStudy
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.