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#1 2024-03-12 00:42:40

nycguitarguy
Member
From: Brooklyn, NY
Registered: 2024-02-24
Posts: 566

Business Math Problem

Suppose that the revenue R, in dollars, from selling x clocks is R(x) = 30x.  The cost C, in dollars, of selling x clocks is given by C(x) = 0.1x^2 + 7x + 400.


A. Find the profit function P(x) = R(x) -  C(x).

I gather that profit means revenue minus cost.


Yes?


If so, P(x) = 30x - (0.1x^2 + 7x + 400).


Yes?


B. Find the profit if x = 30 clocks are sold.


For part B, I must evaluate P(30). Correct?


The Rapture is the central event in biblical prophecy. The greatest truth about the Rapture is not its timing but it's reality. The Rapture will be the great disappearance.

Dr. David Jeremiah

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#2 2024-03-12 00:50:45

Bob
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Registered: 2010-06-20
Posts: 10,212

Re: Business Math Problem

Yes^3

B


Children are not defined by school ...........The Fonz
You cannot teach a man anything;  you can only help him find it within himself..........Galileo Galilei
Sometimes I deliberately make mistakes, just to test you!  …………….Bob smile

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#3 2024-03-12 11:50:30

nycguitarguy
Member
From: Brooklyn, NY
Registered: 2024-02-24
Posts: 566

Re: Business Math Problem

Bob wrote:

Yes^3

B

What do you mean by yes to the third power?


The Rapture is the central event in biblical prophecy. The greatest truth about the Rapture is not its timing but it's reality. The Rapture will be the great disappearance.

Dr. David Jeremiah

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#4 2024-03-12 22:17:27

Bob
Administrator
Registered: 2010-06-20
Posts: 10,212

Re: Business Math Problem

You asked three questions. Each answer was yes so I thought I'd save time by writing yes^3. That failed didn't it.

Bob


Children are not defined by school ...........The Fonz
You cannot teach a man anything;  you can only help him find it within himself..........Galileo Galilei
Sometimes I deliberately make mistakes, just to test you!  …………….Bob smile

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#5 2024-03-13 02:05:17

nycguitarguy
Member
From: Brooklyn, NY
Registered: 2024-02-24
Posts: 566

Re: Business Math Problem

Bob wrote:

You asked three questions. Each answer was yes so I thought I'd save time by writing yes^3. That failed didn't it.

Bob

Wow! Cool. Good idea.


The Rapture is the central event in biblical prophecy. The greatest truth about the Rapture is not its timing but it's reality. The Rapture will be the great disappearance.

Dr. David Jeremiah

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