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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.

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  1. anonymous
    • one year ago
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    OK, post the formula for price and cost of production up here first.

  2. anonymous
    • one year ago
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    Y = 1,550 + (4x) 4 x 50 = 200 1550 + 200 is 1750 so that

  3. anonymous
    • one year ago
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    i put that as my answer

  4. anonymous
    • one year ago
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    No, sorry! You need to work out profit.

  5. anonymous
    • one year ago
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    oh so how?

  6. anonymous
    • one year ago
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    No sorry! 50x - (1,550 + (4x))

  7. anonymous
    • one year ago
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    No 'Y='.

  8. anonymous
    • one year ago
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    so just no Y

  9. anonymous
    • one year ago
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    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.

  10. anonymous
    • one year ago
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    so i put (1550+(4x))+50x?

  11. anonymous
    • one year ago
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    Nah, 50x - (1,550 + (4x)). Other way round, and you subtract.

  12. anonymous
    • one year ago
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    ok thanks

  13. anonymous
    • one year ago
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    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

  14. anonymous
    • one year ago
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    OK, it's the same only the price per book is 20 not 50.

  15. anonymous
    • one year ago
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    so 50x-(1,550 + (4x)

  16. anonymous
    • one year ago
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    Yeah, but put 20 instead of 50.

  17. anonymous
    • one year ago
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    ok thnx

  18. anonymous
    • one year ago
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    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.

  19. anonymous
    • one year ago
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    Not a clue what that graphing thing is, can't help you there :I Sorry.

  20. anonymous
    • one year ago
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    it ok :)

  21. anonymous
    • one year ago
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    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.

  22. anonymous
    • one year ago
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    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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