The cost function for a certain company is C = 20x + 700 and the revenue is given by R = 100x - 0.5x2. Recall that profit is revenue minus cost. Set up a quadratic equation and find two values of x (production level) that will create a profit of $700.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The cost function for a certain company is C = 20x + 700 and the revenue is given by R = 100x - 0.5x2. Recall that profit is revenue minus ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How many soution does this system have? Y=3/4x-5 -3x+4y=-20
Answers (1)
91/50 as a decimal and percent
Answers (2)
You have a job as a teacher. Your salary for the first year is $37,185. you will recieve a 6% increase every year. What explicit formula models this situation? How much will your salary be at the start of your 5th year?
Answers (1)
Abigail's mom said she will be home from work 65 minutes. It is 4:27 p. m. and Abigail has dance practice at 6 p. m. How much time will Abigail have between the time that her mom gets home from work and the beginning of dance practice?
Answers (2)
Together, Preston and Horatio have 49 video games. Horatio has 11 more games than Preston. How many games does each person have?
Answers (1)
New Questions in Mathematics