A company is selling a product at market price that has a daily cost function C(x) =

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A company is selling a product at market price that has a daily cost function C(x) = 0.05x² + 300 in dollars and a daily revenue function R(x) = 12x in dollars, where x is units sold.

(a) Determine the coordinates of the break-even points to the nearest hundredth.

(b) Graph the cost and revenue functions in the window [0, 300, 50] by [0, 3000, 500].

(d) Use the cost and revenue functions to write the profit function P(x).

(e) How many units should be sold daily to maximize profit? What is the maximum profit possible?

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College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Question Posted: Jun 08, 2023 07:41 AM

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A company is selling a product at market price that has a daily cost function C(x) =

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a The breakeven points are at 283...View the full answer

College Algebra With Modeling And Visualization

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